The increase client requires has to be substantiated by his income, if a lender borrows this amount and the client is unable to keep up with the repayments for whatever reason (affordability, future rate increases), the client can complain and as the Financial Services authority will be regulating mortgage advice very shortly, lenders and brokers are wary of this and have to register to give mortgage advice and thus can ill afford to be the root for future complaints against them for fear of being struck off, fines or imprisonment or both. A person can borrow usually 3.5 times a person income unless he goes self cert but this can be classed as fraud if person is not self employed.
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