BBC News·3 min read·medium
The change that may help you get a mortgage as a first-time buyer
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✦AI Summary
First-time homebuyers in the UK may find it easier to secure mortgages due to relaxed lending regulations. Lenders are now more frequently offering loans exceeding 4.5 times an applicant's income, though experts warn this increased flexibility carries financial risks.
Image source, Getty Images By Kevin Peachey Cost of living correspondent Published 28 minutes ago If you're working towards buying your first home you might feel like everything is stacked against you - but recent changes could help you get a mortgage.
businesseconomy
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