{"id":123987,"date":"2021-12-27T17:46:12","date_gmt":"2021-12-27T10:46:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lender-allows-homebuyers-to-borrow-seven-times-their-salary\/"},"modified":"2021-12-27T18:18:52","modified_gmt":"2021-12-27T11:18:52","slug":"lender-allows-homebuyers-to-borrow-seven-times-their-salary","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lender-allows-homebuyers-to-borrow-seven-times-their-salary\/","title":{"rendered":"Lender allows homebuyers to borrow seven times their salary"},"content":{"rendered":"


\nHabito\u2019s mortgage terms could revive wider concerns over responsible lending practicesA mortgage lender is letting homebuyers borrow up to seven times their income \u2013 well above the traditional maximum \u2013 which it says will allow some to buy a property they might have assumed was well out of their price range.Habito\u2019s new formula for calculating how much people can borrow is considerably higher than the industry\u2019s typical maximum of between four and five times salary, and while it could allow some buyers to scale up their property-buying ambitions, it could also revive debate about responsible lending practices. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Lender allows homebuyers to borrow seven times their salary<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Habito\u2019s mortgage terms could revive wider concerns over responsible lending practicesA mortgage lender is letting...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123987","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wfN","jetpack-related-posts":[{"id":123446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-offered-40-year-fixed-rate-mortgage-by-uk-lender\/","url_meta":{"origin":123987,"position":0},"title":"Homebuyers offered 40-year fixed-rate mortgage by UK lender","date":"November 27, 2021","format":false,"excerpt":"\r Launch by Kensington Mortgages comes amid expectations that era of ultra-low interest rates will endA mortgage offering fixed monthly payments for 40 years was launched this week \u2013 and it could mean that some homebuyers will be able to borrow more money than with a standard deal. The Flexi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supersize-mortgages-can-you-get-one-and-what-are-the-dangers\/","url_meta":{"origin":123987,"position":1},"title":"Supersize mortgages: can you get one, and what are the dangers?","date":"January 8, 2022","format":false,"excerpt":"\r As house prices soar, loans well above the traditional maximum have launched \u2013 but there are downsidesThis could be the year of the jumbo-sized mortgage \u2013 for some UK homebuyers at least \u2013 as lenders loosen their purse strings and increase the maximum sums they are willing to offer.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/let-homebuyers-borrow-more-on-energy-efficient-properties-urges-report\/","url_meta":{"origin":123987,"position":2},"title":"Let homebuyers borrow more on energy efficient properties, urges report","date":"July 18, 2017","format":false,"excerpt":"\r Making energy ratings a factor in mortgage offers could let people borrow \u00a34,000 to \u00a311,500 more, says Lenders groupHomebuyers could take out bigger mortgages if the energy ratings of properties were factored into the lending criteria of banks and building societies, government-funded research has found.Although estate agents are legally\u2026","rel":"","context":"In "Property 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159055,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-mortgage-cap-jumps-by-as-much-as-24-as-bank-eases-lending-rules\/","url_meta":{"origin":123987,"position":4},"title":"Santander mortgage cap jumps by as much as 24% as bank eases lending rules","date":"August 12, 2025","format":false,"excerpt":"\r Some higher-earning couples with smaller deposits could borrow extra \u00a3130,000 as a result of overnight changesSome couples applying for a Santander mortgage will see the maximum they can borrow increase by \u00a3130,000 overnight after the bank loosened its lending rules.Santander is the latest in a line of lenders to\u2026","rel":"","context":"In "Property 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