In terms of LTV meaning mortgage rate increases, I guess this is why banks stress test based on higher interest rates. Perhaps all the "I pay £1500 PM rent so why won't a bank give me a £1000 PM mortgage" people of the last few years will start to understand why.
Agree with your investor points.
In terms of LTV meaning mortgage rate increases, I guess this is why banks stress test based on higher interest rates. Perhaps all the "I pay £1500 PM rent so why won't a bank give me a £1000 PM mortgage" people of the last few years will start to understand why.