Press
Accord: We’re increasing our residential LTI income threshold
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. [...]
Barclays: Important updates to buy to let lending policy
Please be advised, we’re making some important changes to our Buy to Let (BTL) lending policy that are applicable to any application created within our systems from today, Tuesday 29th June. [...]
Santander: Important proof of deposit changes
We no longer accept residential or Buy to Let applications where your client’s mortgage deposit funds originate from the below countries/jurisdictions (this includes gifted deposit applications).
LendInvest: How we built our new Buy-to-Let criteria around broker feedback
What goes into updating a lender's criteria? Director of Underwriting at LendInvest, Gene Clohessy, explains the methods behind their most recent Buy-to-Let updates and how they used broker feedback to [...]
Halifax: Changes to contractor policy
From Friday 9 July 2021, we are making some changes to our requirements for affordability and when verifying income for contractors on an employed basis. Where a customer’s income comes [...]
Kensington: Self employed & underwriting enhancements
I am pleased to confirm that today we have made a couple of significant enhancements to our Lending Policy and Underwriting Processes, which I hope will make both the advisor [...]
