The Governor of England says that “public debate” is needed to trade and off with more people who enter the mortgage market, which can lead to a higher stress test.
Andrew Bailey said that Britain has been through a great economic shock over the past five years, such as pandemic and war in Ukraine. 
However, the country did not see the increase in seizures in the 2008 financial crisis.
Bailey was giving a lecture today in front of the Ministry of Finance, but his comments repeated the remarks of Nikir Lati, the highest executive officer of the Financial Action Bureau to the Senate Finance Regulatory Commission last week.
The bank's governor told the MPS that while supporting Rachel Reeves's growth and competitiveness agenda, regulatory authorities needed to “balance” in a mortgage stress test.
Bailey said in recent years that the ratio or total level of the first buyer to enter the housing market was not reduced.
But he added: “However, I know that many lessee finds it difficult to enter the home market because I talk to the lessee nationwide.”
The governor pointed out that high deposits are the main difficulties facing future buyers.
He said that we welcomed the public debate over the dangers of higher seizure, which was heavy against a low mortgage stress test, which would open a new mortgage market.
Natana Eel Benjamin, an executive director of the UK Bank, is also a meeting, and if the stress test is reduced without an increase in housing construction that can only see “housing prices rising”,
Bailey spoke as a chairman of the Financial Policy Committee, which has the authority to raise the mortgage loan of major banks since 2014 restrictions. 。
Many lenders say that alleviating this guideline will boost the mortgage market.
The governor said that the body reviewed this guideline “frequently”, but said that he had not set the date to see the restrictions this year, but he plans to do so.
Bailey added as follows: “Basically, financial stability is the basis of growth, so there is no trade -off in a basic sense. Of course, the financial crisis has the impact of financial stability.”
Last Wednesday, FCA's RATHI called on the government to lay out a mortgage default of a level that can be accepted when loan rules are alleviated.
Rathi states: “I need to talk about the risk selection of Congress.”
