Small lenders who underwrite residential mortgages up to £150m a year will not be bound by the loan-to-income flow limits of larger institutions. The move by regulators comes into effect on 11 July and lifts the previous threshold from £100m, which has been in place since…
The post Small lenders see loan to income thresholds rise to £150m appeared first on Mortgage Strategy.
Small lenders see loan to income thresholds rise to £150m