Related topic: Criteria

New rates will now start from 4.38%.

The lender will no longer consider missed payments and/or defaults on communication and utilities as adverse credit.

Rates have reduced by up to 0.15% across repayment and interest-only products.

The updates include income improvements and broaden the scope of family members who can gift deposits.

The Society has announced the complete removal of the LTV cap on lending into retirement.

AffCalc streamlines the process by combining affordability with criteria.

The Society says the latest changes widen its criteria to support complex incomes and modern working lives.

The Society says affordability will now be assessed through a more rounded view of income and outgoings.

Brokers have reported an early start to the winter slowdown.

The lender has enhanced foreign national affordability and introduced a higher threshold for ignoring CCJs and defaults.