Income boosts
Enhanced Loan to Income (LTIs) and income criteria to help with affordability.
Our Loan to Income (LTI) multiples
First Time Buyer (up to 5.5x LTI):
Available for standard fixed rate residential products (except 95% new build mortgages).
Medical professionals (up to 5x LTI):
Exclusively for medical professionals. Available across standard residential products.
Newly qualified professionals (up to 5.5x LTI):
Available for a list of professions. Must be able to provide a certificate when submitting the application.
Exclusive for mortgage brokers only.
Key criteria
| Loan to income (LTI) available | Minimum income requirements | Type of income accepted | Minimum loan amount | |
|---|---|---|---|---|
| First time buyer & Newly qualified professionals (NQP) | Up to 5.5x | £40,000 | Employed only | £180,000 |
| Medical professionals | Up to 5x | £40,000 | Employed only
|
£180,000 |
As well as the income from your client's primary role, we will consider 100% of their second job income and overtime payments.
NQP: Eligible professions and accepted qualifications
We will need you to provide evidence and the date of qualifications with your case submission.
Accepted qualifications are listed below:
- Institute of Chartered Accountants England & Wales
- Institute of Chartered Accountants Scotland
- Chartered Institute of Management Accountants
- Association of Chartered Certified Accountants
- Chartered Institute of Public Finance and Accountancy
- The Institute and Faculty of Actuaries (IFoA)
- Royal Institute of British Architects
- Actuaries
Barristers
- The Bar Council
Solicitors
- Law Society of England & Wales
- Law Society of Scotland
- Law Society of Northern Ireland
- Royal Institute of Chartered Surveyors (RICS)
- General Dental Council
- General Medical Council
- The General Optical Council
- General Pharmaceutical Council (GPhC)
- Royal College of Veterinary Surgeons
Discuss your application
Our current affordability calculator doesn't include enhanced loan to income ratios, please contact your local BDM to make your clients affordability calculation for you.