Related topic: LTI

NatWest has also launched a dedicated WhatsApp channel to support mortgage brokers and intermediaries. 

The change could provide an uplift of £37,500 for single applicants and £50,000 for joint applicants.

Stress tests have also been lowered across Metro Bank’s two-year fixed rate products.

The Society says affordability will now be assessed through a more rounded view of income and outgoings.

The change enhances affordability for borrowers with complex or non-standard income profiles.

Lloyds is committing a further £1bn for first-time buyers.

The new LTI is available to teachers and other education professionals.

Hodge is now allowing borrowers to lend up to 6x income.

The Bank says it has 'reignited' its residential proposition.

The policy change increases eligible customers' borrowing power by more than £200,000 in some instances.