The following updates were completed and are live in SOURCE today:
Accord
Accord has increased their loan-to-income threshold cap from £60,000 to £70,000. Accord now only allows an LTI of five times for household incomes of £70,000 and above. All household incomes below £70,000 will be capped at 4.49 times.
Hanley Economic Building Society
Hanley Economic Building Society has withdrawn Residential 3.89% 2 Year Fixed product at
95% LTV (MFD425).
Leeds Building Society
Leeds Building Society has made the following changes:
- End dates extended across Buy to Let, Holiday Let, Interest Only, and Portfolio Buy to Let ranges.
- £500 cashback added to Residential 2 year 95% LTV fixed rate at 3.60%.
- Affordable Housing retention range refreshed with end dates extended to October.
- Selected Shared Ownership retention rates reduced by up to 0.11%.
Leek Building Society
Leek Building Society have made various rate changes to select new business products and extended end dates to November of the applicable year.
Yorkshire Building Society
Yorkshire Building Society has increased their loan-to-income threshold cap from £60,000 to £70,000. Accord now only allows an LTI of five times for household incomes of £70,000 and above. All household incomes below £70,000 will be capped at 4.49 times.
