Foundation widens LTI criteria for higher earners
Foundation has improved its loan-to-income (LTI) criteria to support higher-earning residential borrowers. Under the revised criteria, applicants can borrow beyond the standard 4.49 times income criteria. Sole applicants with an income of £50,000 or more can now access borrowing of up to 5.99 times income. Joint applications with a combined income of £70,000 or…