Barclays ups max income multiple at high LTV

Ryan Bembridge

March 22, 2018

Barclays has increased its maximum income multiple from 4x to 4.49x between 85% and 90% loan-to-value.

This change applies regardless of how much the applicant earns.

Those who earn more than £55,000 have a maximum income multiple of 5x up to 85% LTV, a policy that is unchanged.

On Barclays’ Family Springboard mortgage a maximum multiple of 5.5x applies for incomes above £50,000.

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