45,800 high-LTI first-time-buyer loans: 4.5× income is not an affordability test
UK high-LTI first-time-buyer loans reached 45,800 in 2025. See what the 4.5× multiple measures, what it omits and how repayments change for buyers.
Latest explainers
Latest explainers
Trainline announces another £100m buyback: fewer shares do not automatically create better value
Trainline plans a new £100m buyback after its current programme. Understand share cancellation, earnings per share and the cash cost before judging value.
The FCA crypto application window opens this month: an application is not an authorisation
The FCA crypto application window is scheduled for 30 September. Learn how the transition differs from approval and what UK customers should verify.
Berkeley reports cautious housing conditions: what a developer update can tell a homebuyer
Berkeley describes stable trading in a cautious housing market. Separate a builder's outlook from local asking prices, mortgage offers and completion risk.
Global explainer
Nasdaq’s Kraken investment: does a stock token make you a shareholder?
Nasdaq’s Payward investment puts tokenized stocks in focus. Understand ownership rights, trading spreads and what to check before a planned launch becomes reality.