Clients could borrow even more with our improved loan to income multiples
11/08/2025
On Tuesday 12 August, we’re improving our loan to income multiples (LTIs). This, together with our March affordability rate improvements, means we could help many more of your clients secure the mortgage amount they need.
Plus, we’re simplifying our repayment and interest only LTI multiples and increasing our LTI multiples for loans up to and including 90% LTV for repayment mortgages.
How will this benefit your clients?
- 75-85% LTV – combined income of £100,000 or more could borrow an extra 10%.
- 85-90% LTV – combined income of £45,000 to less than £100,000 could borrow an extra 12%.
- 85-90% LTV – combined income of £100,000 or more could borrow an extra 24%.
Other lending criteria can also affect how much customers could borrow.
What are our new LTI multiples?
|
Combined income for all applicants* |
Repayment 90% LTV or less |
Repayment More than 90% LTV |
|
Interest only (inc. part and part) 85% LTV or less |
|
Less than £45,000 |
4.45x |
|
4.45x |
|
|
£45,000 to less than £100,000 |
5.00x |
4.45x |
|
5.00x |
|
£100,000 or more |
5.50x |
4.45x |
|
5.50x |
*Income may be a combination of primary and secondary income.
Use our affordability calculator on our website to find out how much your clients could borrow.
Pipeline rules
All full mortgage applications (FMAs) submitted by 10pm on Monday 11 August won’t be affected by these changes.
Any FMAs submitted from 6am on Tuesday 12 August will be assessed using our new lending policy.
If a material change is made to an existing application from 6am on Tuesday 12 August, the case will be reassessed using our new lending policy.
Help and support
We’re updating our affordability calculator and residential lending criteria on our website on Tuesday 12 August.