Tag Result: affordability assessment
Santander amends self-employed mortgage income policy
Santander has updated its policy for self-employed mortgage borrowers when assessing incom...
Halifax increases loan to income caps for high LTVs
Halifax has increased the loan to income (LTI) cap for borrowers taking out 85 to 90 per c...
Keep affordability assessments but relax them to suit individual circumstances – analysis
Mortgage brokers on the whole see the need for lender affordability tests to remain, but b...
Halifax increases disability allowance and PIP income criteria
Halifax has increased the amount of Disability Living Allowance (DLA) and Personal Indepen...
It’s difficult to see the advantages of relaxed mortgage affordability – Hunt
No sooner had our new Secretary of State for Levelling Up, Housing and Communities, Michae...
Just 200 mortgage prisoners helped by FCA affordability changes
Only 200 borrowers on closed and inactive books switched onto new deals as a direct result...
Halifax increases bonus, commission and overtime income allowance
Halifax has increased the allowable proportion of the bonus, commission and overtime incom...
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...
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...
Ipswich BS to include pension assets in affordability checks
Ipswich Building Society has amended its criteria to include pension assets when assessing...