We are increasing our loan-to-income (LTI) threshold cap from £60,000 to £70,000.
From July 7 we will only allow LTI of five times for household incomes of £70,000 and above.
All household incomes below £70,000 will be capped at 4.49 times.
This change will impact new business and new applications for additional loans. Pipeline cases are unaffected.
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