We use a number of factors to determine the level of borrowing. The income multiples provided below are for guidance only. To verify if your applicant meets our affordability criteria please refer to our affordability calculator or contact Richard directly on 0121 521 4028.
| Allowable income of the highest earner | income multiplier |
| Gross income up to £19,999 | 3.5 times |
| Gross income over £20,000 and up to £34,999 | 4.0 times |
| Gross income over £35,000 and up to £49,999 | 4.5 times |
| Gross income over £50,000 | 5.0 times |
Gross annual income includes basic annual salary and can also include 100% guaranteed overtime, shift allowance or bonuses. In addition, up to 50% regular overtime, shift allowance or bonuses may also be taken into account.
In the case of joint applications, the multiple chosen is based on the highest earner's income, which is then applied to the sum total of the joint incomes, less any financial commitments.
Financial commitments must be deducted from the gross annual income before the multiplier is applied. Where any financial commitments have less than six months remaining they may be ignored.