Over 6x income is now available on selected products.

The Society has also announced stress rate reductions on all two-year fixed residential products.

Precise will offer income multiples up to 6x at 95% LTV, includes borrowers with recent adverse.

The change will support 12% more affordability-constrained buyers, with maximum loan amounts increasing by as much as 22%.

The changes mean borrowers could qualify for around £19,000 in additional borrowing.

The average loan size jumped by more than £11,500 to £205,882 between April and May.

Skipton is lowering the minimum income threshold from £50,000 to £40,000 for borrowers seeking an LTI above 4.49x.

The stress rate has been reduced by up to 2% and is expected to increase affordability on a typical joint application by around £30,000.

The Group will extend its First Time Buyer Boost offering through Lloyds Bank and Halifax.

Accord will now lend up to 5.5 times income to first-time buyers at 95% LTV.