Income Multiple (single) Maximum

Our standard acceptability

4.5

Criteria definition:

Indicates the maximum income multiple that cannot be exceeded when assessing how much single 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 maximum multiple we will go to is 4.5 times income.

Criteria categories:

• affordability assessment
• Policy

Last updated:

29 August 2018