Tag Result: Lender Criteria
TMW widens portfolio landlord criterial; Halifax makes self-employed income calculation changes – round-up
The Mortgage Works (TMW) is making changes to the affordability assessment it applies to p...
Top 10 most read mortgage broker stories this week – 06/10/2023
Reports that thousands of first-time buyers were struggling to meet mortgage payments as t...
Hodge widens later life criteria
Hodge has broadened its later life lending criteria, including increasing income multiples...
Virgin Money boosts affordability with improve LTI limits
Virgin Money has “relaxed rules and removed restrictions” around loan to income ...
Non-bank lenders can compete on ‘product innovation’ and ‘flexible criteria’, lenders say
Non-bank lenders should consider all their options before pursuing a banking licence as th...
Accord Mortgages broadens acceptable income criteria
Accord Mortgages has widened types of acceptable income it will accept to “help more und...
HSBC extends maximum mortgage term to 40 years
HSBC has changed its maximum mortgage term to 40 years for residential and buy-to-let cust...
RIO customers using funds as family gifts halved in 2023
The proportion of retirement interest-only (RIO) mortgages harnessed for family financial ...
Atom makes raft of criteria changes and cuts rates
Digital bank Atom has increased its maximum loan for its prime products, raised self-emplo...
MPowered Mortgages’ ChatGPT tool resolves third of broker queries
Fintech mortgage lender MPowered Mortgages’ ChatGPT-backed chatbot tool allowed a third ...