Market Harborough Building Society has made changes to its lending criteria to make it easier for brokers to place clients’ cases.
The loosened criteria includes earned income now being considered up to age 75, and 100% of an applicant’s income now being accepted from their second job.
Finally, on sale and downsize interest-only cases, the society will now lend up to a maximum 75% loan-to-value (LTV).
Iain Smith (pictured), head of mortgage distribution at Market Harborough Building Society, said: “We’re kicking off the summer with these enhancements so we can help even more clients, including those with challenging circumstances.
“As one of the fastest-growing building societies, our foundations are built on delivering award-winning service and solutions, alongside a commitment to doing the right things for brokers to truly be the best lender for them.
“With more developments coming soon, I welcome feedback from our brokers about how we can further enhance their experience with us.”
