Client reached their borrowing ceiling? Now your clients could borrow up to six times their income.
We know borrowing limits can sometimes stand in the way, even when a client could comfortably manage the monthly repayments. That’s why we’ve enhanced our lending policy to help more clients access higher Loan to Income borrowing when using our LTI Booster product range. Eligible clients could now borrow up to six times their income, […]
Straightforward ICR requirements
Every buy to let case starts with affordability. At ModaMortgages, we’ve stripped things back to the essentials, with clear criteria designed to help you quickly understand what your client can borrow. That starts with straightforward ICR requirements: 125% ICR for basic rate taxpayers 140% ICR for higher and additional rate taxpayers 125% ICR for limited […]