This change applies regardless of how much the applicant earns.
Barclays has increased its maximum income multiple from 4x to 4.49x between 85% and 90% loan-to-value.
This change applies regardless of how much the applicant earns.
Those who earn more than £55,000 have a maximum income multiple of 5x up to 85% LTV, a policy that is unchanged.
On Barclays’ Family Springboard mortgage a maximum multiple of 5.5x applies for incomes above £50,000.
