Income Boosts
Enhanced LTIs and income criteria to help with affordability
We’re helping more first time buyers get on the residential property ladder by testing a new enhanced (LTI), This is exclusive to mortgage brokers.
This is in addition to the preferential LTIs we offer to newly qualified professionals and medical professionals.
NEW: Limited Edition - First time buyer*
- Up to 5.5x LTI*
- Available for standard five-year fixed rate residential products
- Employed income only.
- Applicants must have an income of £30,000 individually or £50,000 combined.
- Available for FTBs only.
Newly qualified professionals*
- Up to 5.5x LTI*
- Available for a list of professions
- Must be able to provide a certificate when submitting the application.
Case Study
Using 5.5x LTI, Chartered Surveyor Joe was able to borrow more and secure his dream first home.
- Accountants
- Actuaries
- Architects
- Barristers
- Chartered Surveyors
- Dentists
- Doctors (Medical)
- Optometrists
- Pharmacists
- Solicitors
- Veterinarians
We will need you to provide evidence and date of qualifications with your case submission.
Accepted qualifications are listed below:
Accountants
- Institute of Chartered Accountants England & Wales
- Institute of Chartered Accountants Scotland
- Chartered Institute of Management Accountants
- Association of Chartered Certified Accountants
- Chartered Institute of Public Finance and Accountancy
Architects
- Royal Institute of British Architects
Actuaries
- The Institute and Faculty of Actuaries (IFoA)
Barristers
- The Bar Council
Chartered Surveyors
- Royal Institute of Chartered Surveyors (RICS)
Dentists
- General Dental Council
Medical Doctors
- General Medical Council
Optometrists
- The General Optical Council
Pharmacists
- General Pharmaceutical Council (GPhC)
Solicitors
- Law Society of England & Wales
- Law Society of Scotland
- Law Society of Northern Ireland
Veterinarians
- Royal College of Veterinary Surgeons
- After obtaining your client’s NQP certificates and checking affordability submit your case via MSO
- Important: MSO will decline the case (due to affordability restrictions)
- Contact your BDM who will decline appeal your case to progress it
Medical professionals*
- Up to 5x LTI*
- Exclusively for medical professionals
- Available across standard residential products
*Subject to your clients passing affordability checks.
Submitting an application with a higher LTI
Our current affordability calculator uses a standard affordability calculator and won’t calculate enhanced LTIs. MSO will automatically decline the case, please get in touch with your local BDM to make the calculation for you.
NEW: 100% 2nd job and overtime payments
As well as the income from your client’s primary role, we’ll also consider 100% of 2nd job income and regular overtime payments.
Four incomes, four applicants
If your client is buying a home with friends or family, they can apply with up to 3 other people. We’ll consider all their incomes. They must all live in the property they are buying.
Need more information?
Take a look at our lending criteria.
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