Income Multiple (Joint) Maximum

Our standard acceptability


Criteria definition:

Indicates the maximum income multiple that cannot be exceeded when assessing how much joint applicants are able to borrow. This is the maximum potential income multiple and should just be used as a guide as other factors may reduce this figure.

Policy Notes:

The Society does not base lending on income multiples. Our preference is to use an affordability model available on our website.

Outside Notes:

Our standard maximum income multiple is 4.5 times income although we can, by exception, go beyond that.

Criteria categories:
  • affordability assessment
  • Policy

Last updated:

29 August 2018