Overview
- NatWest now offers up to six times income for eligible borrowers earning over £75,000 alone or £100,000 jointly at up to 75% LTV, up from 5.5 times, which it says could add £37,500 to a £75,000 earner’s borrowing capacity.
- Two thirds of the largest lenders now allow at least 6x salary loans, with Barclays, Nationwide and NatWest among them, and HSBC Premier offering up to 6.5x.
- Nationwide has introduced a £75,000 minimum income rule for movers and remortgagers and will lend up to six times income up to 95% LTV, with some customers able to borrow around £50,000 more under the new criteria.
- The Bank of England’s 15% cap on loans above 4.5x income is under formal review, and lenders can apply to exceed the limit while consultations proceed in the first half of 2026.
- Brokers say these higher multiples are tightly targeted with stress testing and larger deposits, while cautioning that greater borrowing power could lift household leverage and local prices.