We have an important update on our products…
Since launching our higher LTI proposition at the end of last year, we’ve seen strong support and positive engagement.
As we continue to evolve our products and respond to changing marketing conditions, we’re introducing the following updates. We also recognise the importance of keeping you informed, particularly when it comes to any rate changes, and want to ensure you have advanced notice.
From Tuesday 21st April, we will be increasing rates across our proposition and introducing criteria that will apply to applicants borrowing over 4.5x LTI:
- Minimum income of £50k (single) or £70k (joint)
- Available on Clear only
Any cases in pipeline that you would like to continue on the current rates and criteria must be submitted with fees paid by close of business on Monday 20th April. Applications submitted after this date will be offered on new rates and assessed in line with our updated criteria.
If you have any questions, please contact the team.
Thank you for your continued support.