Bank of Ireland for Intermediaries has increased the maximum loan-to-income available across its Bespoke mortgage range.

The lender will now offer income multiples of up to six times income on Bespoke products, subject to borrowers meeting a number of criteria.

Single applicants will need a minimum income of £50,000, while joint borrowers must have a combined income of at least £75,000.

In addition, cases must meet the Bespoke range’s eligibility requirements, including passing a credit score, a minimum loan size of £150,000, income earned in GBP, and adherence to standard property criteria.

The maximum loan-to-value remains capped at up to 90% for residential lending and 75% for buy-to-let.

Alongside the changes to income multiples, Bank of Ireland for Intermediaries has also increased maximum borrowing amounts across the Bespoke range.

At 90% LTV, loans are now available up to £1.25 million. This rises to £two million at 85% LTV and £2.5 million at 80% LTV.

Rhys Powell (pictured), national sales manager at Bank of Ireland for Intermediaries, said: “We developed the Bespoke range to provide mortgage solutions for customers with complex income structures and non-standard borrowing needs.

“We’re pleased that our Bespoke offerings have performed strongly to date, with high levels of broker service and support throughout.

“These LTI and LTV enhancements which we are announcing today will enable even more strong candidates for mortgages to get on the property ladder, upsize or simply purchase their dream home.”