The Tipton for Intermediaries – Semi-Exclusive Product

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Tipton are happy to announce details of their Semi-Exclusive produce available to Connect.

Up to 6x gross income – available to:

  • All employment types
  • 85% Max LTV
  • Subject to affordability

Please see some basic examples below:

  1. Sole applicant, no dependants, no credit commitments, property inside the M25 – £80k Gross income – net pay £4,350 pm (allowing for a 5% pension deduction) – could achieve £420,000 over a 35-year term (LTI 5.25x)
  2. Sole applicant, no dependants, no credit commitments, property inside the M25 – £50K Gross income – net pay £2,963 pm – could achieve £230,000 OR if property outside M25 could achieve £250,000 over a 40-year term (LTI 4.6x OR 5x)
  3. Joint applicants, x1 dependant, x1 loan of £150 pm, property outside the M25, £60K & £30K Gross incomes – net pay £3,455 & £1,917 (allowing for a 5% pension deduction) – could achieve £500,000 over a 35-year term (LTI 5.55x joint)

For more details contact your BDM.