Market Harborough BS Relaxes Residential Stress Testing

Market Harborough BS relaxes residential stress testing

Market Harborough Building Society has relaxed its interest stress testing for residential cases up to £5m, including expat deals.

Market Harborough Building Society relaxes residential stress testing

Market Harborough Building Society has lowered its interest stress testing for residential mortgages up to £5m, including cases for expats.  The change means a lower stress rate for many scenarios, making it easier for more people to access the society’s specialist lending.  As a result, clients can now borrow more, including new buyers, remortgagers, expats, and high net worth individuals. For example, a household with an income of £100,000 loo…