The proposition assesses borrowers more favourably than standard fixed rate criteria, allowing them to increase the size of their loan.
Related topic: Affordability
Stonebridge says high costs provide a golden opportunity for brokers to reach out and engage.
Mortgage costs as a percentage of income have fallen to 29% from 33%.
The lender's buy-to-let affordability rates are reducing from today.
The Society has introduced a new lower rate for basic rate tax payers.
Ashley Pearson, head of intermediaries at Loughborough Building Society, explores how brokers can help high-income borrowers achieve their homeownership dreams by maximising their...
The lender has introduced new buy-to-let reference rates.
The lender says its policy changes will boost flexibility and streamline the application process.
The first-time buyer mortgage gap has widened by over 500% in the last decade, according to newly released research.
The lender is enhancing landlord affordability by reducing stress rates on buy-to-let calculations.
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