Lending Policy Changes 12/01/2021
Following a review of our temporary lending policy, from today, Tuesday 12 January we will be making a change to our income multiples.
Maximum permitted income multiples
Multiples above 4.5 x income will move from being capped at 85% LTV to 80% LTV.
To view our temporary lending policy, please click here.
Pipeline applications
Where a DIP was submitted prior to Tuesday 12 January, conversion to a Full Mortgage Application in line with previous policy, will continue to be accepted up to close of business Monday 18 January.
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