Accord Mortgages is reintroducing its loan-to-income (LTI) cap to five times for those with an income of £60,000 and above.
In October 2020, the lender dropped LTI caps to 4.49 for all incomes to manage service levels.
For income lower than £60,000 annually, the LTI cap will remain at 4.49.
The increased in the maximum LTI cap to five times for those on a minimum income of £60,000 will be effective from 20 January.
Yorkshire Building Society is also updating its lending policy back to an LTI cap of five times for incomes of £60,000 and above.
Nicola Alvarez, corporate account manager and proposition development at Accord Mortgages, said: “Last year saw us introduce a number of temporary measures to help maintain service levels and ensure we could provide brokers with the best support during what were challenging times for everyone.
“The impact of these measures, along with the boosting of our underwriting and sales teams, means just three months later we are in a position to return to our standard LTI policy.
“This is great news for brokers working with higher income clients.”