Skipton BS adjusts loan-to-income limits
3 Articles
3 Articles
Skipton BS lowers high LTI thresholds to £40,000 from £50,0000 – Mortgage Finance Gazette
Skipton Building Society will lower the minimum income threshold for borrowers looking for high loan-to-income mortgages to £40,000 from £50,000. The mutual will offer an LTI of up to 5.5 times at up to 90% loan to value and 5 times LTI for loans over… The post Skipton BS lowers high LTI thresholds to £40,000 from £50,0000 appeared first on Mortgage Finance Gazette.
Skipton BS eases upper LTI limits for first-time buyer mortgages
Skipton Building Society has lowered its minimum income threshold for first-time buyers (FTBs) looking for higher loan-to-income (LTI) mortgages. From 28th July, households with incomes from £40,000, down from £50,000, can now apply for LTI above 4.49-times. The change followed calls from Skipton and other building societies for the LTI flow limit to be increased. Borrowers with incomes of £40,000 or more can now access up to 5.5-times LTI up…
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