LTI Policy
With effect from Monday 1st November we’re making the following changes to our maximum Loan to Income (LTI) caps, which will make mortgages more accessible for your clients who meet the criteria.
Key Changes
- Help to Buy and Shared Ownership: Maximum LTI 4.5
- LTV 75% or less and income over £80,000: Maximum LTI now 5
- LTV between 76% and 85% or income less than or equal to £80k or interest only: Maximum LTI now 4.75
- Income less than or equal to £40k or LTV greater than 85%: Maximum LTI 4.49
To find out more, visit our affordability calculator on our website.
