The age limit on thousands of mortgage borrowers will be imposed by Halifax

Halifax to impose new age limit on thousands of mortgage borrowers. Homebuyers face higher monthly payments as bank moves to rein in risky lending. Bank moves to re-evaluate risky lending practices in an effort to curb the risk of homebuyers falling into debt trap. Halifax bank to impose age limit for thousands of borrowers with mortgages.

Santander, NatWest and Halifax all increase their mortgage rates. Interest on home loans continues to move upwards. Santander and NatWest among UK's largest mortgage lenders to increase rates today. Rates are expected to continue to rise as interest on home loan interest continues to rise.