The two features of the range added will include:
• £1,500,000 loans up to 80 per cent loan-to-value
• 5 x single and 3.75 x joint income multiples for residential applications
• 15 per cent builders deposits on prime buy-to-let extended to three properties per applicant
Ian Nelson, chief executive at Unity Homeloans, commented: “We want to offer products that are both competitive and flexible to a client’s circumstance. As we individually underwrite each case we can take specific decisions based on each person’s detailed personal history, thus insuring that either a larger loan or higher multiple is appropriate.”
