Bristol & West Mortgages improve lending criteria

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Bristol & West Mortgages improve lending criteria

A change in the lending criteria of a whole range of Bristol & West Mortgages have been introduced to offer customers a better deal.

Designed to provide intermediaries with greater options, the Standard, First Start, Buy-to-Let and Self-Certification mortgage ranges have all had amendments made to them.

Changes include: new income multiples for Standard, Self Certification and First Start mortgages of up to 4.5 times the main income and increases in the maximum loan levels for the Standard and First Start mortgages to £300,000 and £350,000 respectively.

Head of marketing at Bristol & West Mortgages Mark Howell stated: "Bristol & West Mortgages has a good reputation for competitive products and now our criteria changes will make them accessible to many more clients."

He continued: "As a specialist lender to the intermediary market we are always looking for ways to make life easier for mortgage brokers and our new criteria should do just that."

The buy-to-let range has been the focus of changes including, an increase in the portfolio limit to £2.5 million and a reduction in the minimum age to 21.

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