The changes take effect this week, which also offers short-term finance, auction finance and secured loans.
Sales director Gary Bailey said the lender decided to offer higher loan amounts as it was already doing so and as the average house price is now over £200,000.
The lender which rebranded from Blemain Finance to Together in September last year has also removed the maximum age limit on its consumer buy-to-let mortgages, where rental income covers 120% of total secured lending repayments.
This follows the removal of the upper age limit on the lender’s first charge buy-to-let products last month.
Bailey said: “We’ve already removed the age limit on our buy-to-let range so were keen to apply this to consumer buy-to-let mortgages as well. The UK has an ageing population, with 11.4m people aged 65 and over, and according to the latest official projections this is expected to grow by 12% by 2020, so lenders are looking closely at age limits across different products.”
Together is willing to accept an estate agent’s or rental agent’s rental projection if 90% of the rental projection covers 120% of the total secured lending repayments.
Additional income including employed, self-employed, contract and pension income is also considered by referral with a full affordability assessment.