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Tag Result: affordability assessment

Halifax increases bonus, commission and overtime income allowance

Halifax has increased the allowable proportion of the bonus, commission and overtime incom...

  • Sep 07, 2021
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Nearly two thirds of first-time buyers use second source of income to raise deposit

Just under two thirds of first-time buyers rely on a second source of income, such as a si...

  • Aug 25, 2021
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Leeds BS to use seasonal income for holiday let affordability assessment

Leeds Building Society has updated its criteria to allow the use of average of seasonal in...

  • Aug 05, 2021
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Ipswich BS to include pension assets in affordability checks

Ipswich Building Society has amended its criteria to include pension assets when assessing...

  • Aug 05, 2021
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Digilytics AI partners with AccountScore for affordability platform

Fintech firm Digilytics AI has partnered with AccountScore by integrating the open banking...

  • Jul 02, 2021
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Biggest lenders outside best affordability in three-quarters of mortgage cases – MBT

Customers who go for a mortgage to the top 10 lenders named by UK Finance will not fulfil ...

  • Apr 23, 2021
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Aldermore ranks top of most generous affordability assessments – MBT

Aldermore has the most generous residential affordability assessment, according to analysi...

  • Mar 24, 2021
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NatWest only accepting guaranteed employer income for furloughed borrowers

NatWest has made changes to its income assessments for borrowers who are currently on furl...

  • Aug 27, 2020
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UTB reintroduces additional income consideration as part of support package

United Trust Bank (UTB) is once again considering 50 per cent of all regular bonus, overti...

  • Jul 21, 2020
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FCA calls on brokers to help mortgage prisoners

Brokers who are willing to help mortgage prisoners move on to an active lender or receive ...

  • Jul 09, 2020
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