Residential calculator
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Our residential Loan to Incomes (LTIs)
We've made improvements to our residential Loan to Income parameters, which could make it easier for your customers to borrow the funds needed to achieve their home ownership goals. Enhanced LTIs are available without the previous higher credit score requirement, meaning more applicants may qualify, subject to income, loan-to-value (LTV), and affordability assessments.
LTI (residential new business only)
The tables below show our highest and lowest loan-to-income (LTI) ratios according to repayment type, income and loan to value.
Please note that these ratios are caps - actual maximum loan amounts are subject to wider affordability checks and criteria.
For Buy to Let affordability see our Buy to Let Hub
Affordability calculators
Our affordability calculators can give a good indication of the amount we would be willing to lend. Our affordability calculators don’t conduct a credit search and as such the indicative lend for residential applications is potentially subject to change when the agreement in principle is submitted.
Our calculators, applicable to both residential and additional residential borrowing, require details of your client’s overdraft balances, mail orders and budget accounts. These figures do not need to be included in the decision in principle or full mortgage application as they will be automatically verified through credit bureau data.
We will use the most recent credit bureau data to determine the lending amount provided at the time of the decision in principle or full mortgage application, which will be the final amount and can’t be appealed.
If you'd like further guidance on our other policies, please visit our lending criteria page.
