Income boosts
Enhanced Loan to Income (LTIs) and income criteria to help with affordability.
How enhanced LTIs can boost affordability
We offer preferential LTIs to newly qualified professionals, medical professionals, and now first time buyers.
This is exclusive to mortgage brokers.
NEW: 100% second job and overtime payments
As well as the income from your client’s primary role, we’ll also consider 100% of their second job income and regular overtime payments.
NEW: Limited Edition - First time buyer*
- Up to 5.5x LTI*.
- Available for standard two year, three year and five year fixed rate residential products except 95% new build mortgages.
- Employed income only.
- Applicants must have an income of £30,000 individually or £50,000 combined.
- Available for first time buyers only.
Medical professionals*
- Up to 5x LTI*.
- Exclusively for medical professionals.
- Available across standard residential products.
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.
*Subject to your clients passing affordability checks.
Eligible professions and accepted qualifications
We will need you to provide evidence and the date of qualifications with your case submission.
Accepted qualifications are listed below:
- 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
- The Institute and Faculty of Actuaries (IFoA)
- Royal Institute of British Architects
- Actuaries
Barristers
- The Bar Council
Solicitors
- Law Society of England & Wales
- Law Society of Scotland
- Law Society of Northern Ireland
- Royal Institute of Chartered Surveyors (RICS)
- General Dental Council
- General Medical Council
- The General Optical Council
- General Pharmaceutical Council (GPhC)
- Royal College of Veterinary Surgeons
Submitting an NQP application
After obtaining your client’s NQP certificates, you’ll need to check affordability.
Our current affordability calculator won’t calculate the NQP’s 5.5x Loan to Income feature, so please contact your local BDM to make the calculation for you.
Important: MSO will automatically decline the case. Contact your local BDM who will decline appeal your case to progress it.
Get in touch
Get support from your local BDM on your latest case or contact our helpdesk for help with an application.