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Building Society change to mortgage 'stress tests'

June 27, 2025

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The Journal

LEEDS Building Society is changing the way it assesses the affordability of a mortgage, potentially enabling some people to borrow more.

LEEDS Building Society is changing the way it assesses the affordability of a mortgage, potentially enabling some people to borrow more.

Several lenders have made similar announcements about their stress-testing rules, following clarification from the Financial Conduct Authority (FCA).

Stress tests help to ensure that a mortgage remains affordable for a borrower.

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