<ul data-eligibleForWebStory="false"><li>Looser mortgage rules by Bank of England may help 36,000 first-time buyers yearly.</li><li>Banks can offer more high loan-to-income mortgages, up to 4.5 times borrower's earnings.</li><li>Changes aim to benefit first-time buyers by increasing loan availability and supporting growth.</li><li>Proposed government-backed 'Freedom to Buy' scheme to cover 95% mortgage losses for banks.</li></ul>

Bank of England rolls out looser mortgage rules to help first-time buyers

Discover more