Coventry BS eases stress tests to allow for up to £35,000 of extra borrowing  

By: ameer@trustedteam.com

Coventry for intermediaries has eased its mortgage stress test, giving typical borrowers the chance to borrow up to £35,000 more when buying their home.   The changes will reduce stress rates for residential lending, increasing maximum borrowing by 8% to 15% for many applicants, says…

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