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santander relaxes mortgage rules to boost homeownership opportunities for borrowers
Santander has become the first major lender to relax its mortgage affordability criteria, allowing borrowers to access up to £35,000 more based on their income. This move aligns with recent guidance from the Financial Conduct Authority aimed at stimulating home ownership. David Morris, head of homes at Santander, emphasized the importance of helping customers achieve their homeownership dreams while maintaining responsible lending practices.
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