NatWest announce a series of interest-only and buy-to-let criteria changes

NatWest recent changes should allow brokers to help more clients secure an interest-only mortgage. Interest-only acceptable income types will now directly match NatWest’s capital and interest criteria. A new minimum combined income of £100,000 per year has been introduced for joint interest-only applications, but for sole applicants the minimum qualifying income will remain at £75,000 […]