West Brom BS intros higher LTIs for small-deposit borrowers

West Brom BS raises smaller deposit borrowing by as much as 27%   – Mortgage Finance Gazette

West Brom Building Society has relaxed home lending rules for borrowers with smaller deposits by raising its loan-to-income limits, allowing them to borrow up to 27% more.   The mutual says borrowers with total application incomes over £50,000 will now be able to borrow up… The post West Brom BS raises smaller deposit borrowing by as much as 27%   appeared first on Mortgage Finance Gazette.

West Brom BS intros higher LTIs for small-deposit borrowers

West Brom Building Society has extended higher income multiples to borrowers with smaller deposits, potentially boosting loans by up to 27%. The post West Brom BS intros higher LTIs for small-deposit borrowers appeared first on Mortgage Solutions.

The West Brom increases lending capacity to support those with smaller deposits

West Brom Building Society has introduced a range of changes to its mortgage lending criteria aimed at making home buying more accessible, especially for those with smaller deposits. From today, eligible customers with a 10% deposit may be able to borrow up to 27% more, thanks to higher income multiples being made available on lending up to 90% loan-to-value (LTV). Borrowers with a total application income over £50,000 will now be able to borrow…