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BoE to detail of stress tests, buy-to-let mortgage rules on Tuesday

Published 23/03/2016, 17:49
© Reuters. People pass the Bank of England in the City of London

LONDON (Reuters) - The Bank of England said it would publish details of its 2016 bank stress tests and its work on buy-to-let mortgage underwriting standards on March 29.

The documents will be released at 11 a.m. (1000 GMT), alongside the policy statement of its quarterly Financial Policy Committee meeting. The FPC statement had previously been scheduled for release at 0830 GMT.

© Reuters. People pass the Bank of England in the City of London

The BoE and Britain's finance ministry have sought to control growth in the country's buy-to-let market which has added to a scarcity of homes for owner-occupiers.

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