Barclays providing Premier customers with 5.5 times salary mortgages until 31 March 2016

by Aaron Strutt

Mar 06 2016

Barclays for Intermediaries is offering Premier current account holders 5.5 times salary mortgages until Thursday 31 March 2016. 

The bank increased the maximum income multiple for selected applications from five-times salary to 5.5 times salary although the pilot is set to finish. 

To qualify as a Barclays Premier customer, applicants will need to earn a basic income of £75,000 or have £100,000 saved or invested with the bank. If you do not have a Premier account, Trinity can help you open one before the mortgage application is submitted. 

Aaron Strutt, product manager at Trinity Financial, says: "Many of the high-street banks and building societies will lend between four and five times salary, although there are a couple of lenders offering to lend up to six times salary."

For help to secure an income stretch mortgage call Trinity on 020 7016 0790.