Analysis shows that the mortgage reform of Rachel Reeves may increase the house price of London's first home buyer up to £ 20,000.
First Ping Davis said that as the Minister of Finance tried to find a new method of promoting economic growth, rising house prices would be a "inevitable result" for relaxing proposals for mortgage loan rules.
Real estate agent found that in the capital with the most restricted capacity, the change of rules may push the house price of the first home buyer by 4%to 494,122 pounds.
Ms. Lavz supports the plan to relax the financial crisis after the financial crisis (FCA).
Earlier this month, the Minister of Finance convened a regulatory agency to the Ministry of Finance and urged them to "change supervision thinking."
On January 16th, FCA CEO Nikhil Rathi wrote to Ms. Reeves, which explained the FCA growth plan, including "the responsible loan and suggestion rules of mortgage loans, support housing ownership, and balance between loans to obtain loans Suggestions of discussion ". And the degree of default. "
Lucian Cook, the head of Savills, said: "Obviously, the relaxation of the mortgage supervision part of the mortgage supervision will lead to rising house prices. This will not be completely effective. " "
It is unclear how the FCA will relax the regulations, but any measures to open the mortgage loan market to more buyers will increase demand and push the price unless the supply increases accordingly.
The first Taiping Davis analysis is based on what will happen to increase the average loan and income ratio of the first buyer from 3.22 to 3.47.
In London, this change will reduce the average deposit of the first home buyer from 142,349 pounds to 123,360 pounds, which means that the prepaid cash required for the first buyer to purchase real estate will decrease.
However, by reducing the difficulty of purchasing down payment, changes in rules will increase demand, which may lead to an additional increase of pounds of pounds of pounds of pounds of 18,989.
Cook said that London has the greatest influence, and rising house prices have meant that more people are limited by loan income pressure testing.
In all parts of the United Kingdom, changes in rules may increase housing prices by about 3%, and the average house price of the first buyer will increase £ 7,679.
Mr. Cook said: "The challenges faced by policy makers are how to designed this to minimize the way, and it is truly easier for people to enter the real estate market."
These proposals means that the regulatory agency will review open loan channels and ensure that the borrower will be tested through pressure to ensure that they can continue to bear the balance between repayment.
Latty warned last week that if the regulations were relaxed, thousands of families may be recovered every year.
At the hearing of the Special Committee, he said: "If the number increases from 1,000 to 2,000 ... Is this a acceptable result in the parliament? Or would you say to us: 'Why do you increase the number by 100%? "'"
Any change proposed by FCA needs to be implemented after public consultation.
In August 2022, the mortgage loan rules have been greatly relaxed. At that time, Bank of England canceled buyers to prove that they had the ability to pay 3 percentage points higher than the loan standards (SVR).
Now, they only need to prove that they can bear a percentage interest rate higher than SVR.
These changes allow the first home buyers to borrow tens of thousands of pounds of mortgage loans, and have been widely believed that the real estate market has provided substantial support for the real estate market when the interest rate of mortgage loans has soared.
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