How looser affordability rules may widen home ownership in the UK

Mortgage lenders encouraged by regulator to loosen affordability tests so would-be homebuyers can borrow moreUK mortgages: warning over big fees as homebuying season arrivesDuring the coming weeks and months, many more people may be able to buy a property they would previously assumed was out of their price range.One of Britain’s biggest mortgage lenders, Santander, has loosened its affordability rules to enable customers to borrow more, with other banks and building societies almost certa