All banks in the clear, seemingly very comfortable this time around, BTL not so much...
"Today’s stress tests also found that buy-to-let mortgages would suffer the bulk of the losses if there was a financial crisis.
Loans to owner-occupiers would be much more modest.
In other words, families would keep paying off their mortgages even if the economy went into recession, but some buy-to-let lenders might struggle to meet their obligations."
https://www.theguardian.com/business/live/2017/nov/28/bank-of-england-stress-tests-financial-stability-released-live
Carney's narrative is that the banks will survive a disorderly Brexit, and worst case house prices will fall 33% PROVIDING nothing else accelerates the downturn