PRA and FCA grant lenders permission to breach 15% high LTI mortgage limit

Lenders allowed to breach 15% high loan to income ratio

Lenders will be allowed to provide a greater share of mortgages at high loan to income (LTI) ratios with immediate effect by making an application to do so, regulators announced. The post Lenders allowed to breach 15% high loan to income ratio appeared first on Your Money.

PRA and FCA grant lenders permission to breach 15% high LTI mortgage limit

Lenders will be allowed to provide a greater share of mortgages at high loan to income (LTI) ratios with immediate effect by making an application to do so, regulators announced. The post PRA and FCA grant lenders permission to breach 15% high LTI mortgage limit appeared first on Mortgage Solutions.

Large lenders able to top key LTI 15% limit, says regulator   – Mortgage Strategy

Large lenders will be able to top their current 15% loan-to-income ratio limits to allow for greater mortgage lending, under new guidance from a key Bank of England committee.   The Financial Policy Committee says that “individual lenders [should be allowed] to increase their share…The post Large lenders able to top key LTI 15% limit, says regulator   appeared first on Mortgage Strategy.