New 'six times income' mortgage 'eyes wide open' alert
Business
A major mortgage provider has announced it will now lend up to six times income, not just to first-time buyers, but also to home movers and those remortgaging. But with inflation rising and the public coffers under strain, potentially resulting in more tax hikes, a mortgage broker has warned that now may not be the time for households to put further pressure on themselves. Leeds Building Society has extended its Income Plus range to home movers and remortgagers, not just first-time buyers (FTBs)
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