We’ve expanded Income Plus so you can support more borrowers

A significant expansion of our Income Plus mortgage product is set to give brokers more ways to support clients, as we increase our maximum loan to income (LTI) ratio to 6x and open up the range to a broader mix of applicants.

Helping more buyers navigate affordability

The enhancement raises the maximum LTI from 5.5x to 6x for first-time buyers (FTBs) home movers, and remortgagers with a household income of £75,000 or more. We also offer up to 5.5x LTI to FTBs with a minimum household income of £30,000 and home movers and remortgagers with a minimum household income of £50,000.

The expansion aims to give brokers meaningful solutions to mounting cost of living and income pressures, coming as our own research shows that affordability challenges extend well beyond a customer’s first purchase.

Key product features

  • For FTBs, home movers and remortgagers
  • Available to self-employed customers
  • New-build purchases accepted (subject to limits)
  • Up to 95% LTV for FTBs
  • Up to 90% LTV for home movers and remortgagers
  • Remortgage or debt consolidation cases with capital raising are available up to 75% LTV

All products are on a minimum five year fixed, offering payment certainty at a time of economic volatility.

We define FTB applicants as those who have not held a mortgage within the last three years, at least one applicant on a joint application needs to meet this definition.

Would-be home movers confined by range of pressures

Leeds Building Society research* shows that of the first time homebuyers we asked, they want to move up the ladder and into a new, larger property as they go through life changes, but feel restricted by a number of factors:

  • 77% would move home sooner if they could borrow more.
  • Nearly 40% feel like they can’t access enough guidance or financial support when trying to move to a larger home.
  • 28% feel they are less supported by mortgage lenders when seeking to upsize.
  • The biggest factors affecting people’s move to a larger home are household income (51%), being able to afford monthly mortgage payments (42%), moving fees (35%), and building a deposit for a mortgage (31%).

This is despite 62% saying they expect to have outgrown their existing home within three years. 78% expect to outgrow their home within four years.

*401 first-time buyers surveyed between17-20th March 2026, who purchased their first property within the past five years.

More flexibility and more opportunity for brokers

Commenting on the enhancements, [Martese Carton, Director of Mortgage Distribution] said:

“Our research shows recent property buyers show a strong desire to move to another property as their needs change. Raising our LTI to 6x and widening eligibility means brokers can support a broader range of clients. This enhancement gives you more flexibility, more opportunity and ultimately more ways to help clients secure the homes they want.”

Resources to support you

Business development managers remain on hand to support case discussions and applications, with wider BDM team support available through field, phone or email.

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