The Stafford Building Society has launched a 90% LTV mortgage with no income multiple restrictions and full manual underwriting

It claims this offers brokers a straightforward affordability-based option for clients who may be constrained by income multiple caps elsewhere.

With a two-year initial rate of 5.34% (SVR 5.50%, APRC 5.60%) from July 1, the product is assessed entirely on whether the borrower can afford the repayments. There are no maximum income multiples, and all applications are underwritten manually.

While not designed specifically for complex income cases, this approach makes the product suitable for a broader range of borrowing scenarios. It includes applicants with stable, verifiable income who may otherwise find their borrowing potential limited under traditional lender rules. One-year accounts may be considered for professionals such as doctors and dentists.

Earned income is considered up to age 75, and mortgage terms are available up to age 85. The product comes with a single £100 application fee and no arrangement fee. An early repayment charge of two percent applies to overpayments above 10 percent of the outstanding balance within the first two years.

“Brokers need flexibility, not standard templates. As a mutual, we take a person-first view of lending, with no rigid multipliers and no tick-box assessments. We’re proud to bring this approach to the 90% LTV space” says Emma Parker, national account manager at the Stafford Building Society.

The product is now available through The Stafford’s intermediary platform.