Big Mortgage Criteria Changes
We’re introducing four major enhancements to our lending policy to give brokers more flexibility and open the door for more of their clients:
Zero Hour Contracts – Accepted in more scenarios, with LTV restrictions removed
Self-Employed Company Directors– Salary + net profit(for >25% shareholding)
Buy to Let– No minimum income requirement(except Family Regulated BTL)
Reduced BTL Stress Testing Rates– Now aligned to product pay rate, including Holiday Lets
These changes are live today and are designed to make our products even more accessible to a wider range of clients.
Find out more about our lending criteria: Leek for Intermediaries | Leek Building Society