Skipton Building Society has widened access to its LTI Booster range, allowing eligible borrowers to borrow up to six times income at up to 90% loan-to-value. Separately, The Cambridge has introduced a 98% mortgage, while evidence suggests many first-time buyers are relying on side income to build a deposit.
These developments create opportunities for advisers, but affordability, resilience and the sustainability of variable income remain central. AI-enabled document analysis and cash-flow tools may help advisers categorise income evidence and model affordability scenarios more efficiently. However, advisers must not allow automated outputs to obscure lender-specific criteria, foreseeable payment shocks or the client’s wider financial position.