Hinckley & Rugby for Intermediaries has launched three new products under its Income Flex range, expanding support for borrowers with complex or non-standard earnings.

The move comes as the lender continues to evolve its criteria to better accommodate clients who may not fit within traditional affordability frameworks.

The new products, which are all available up to 90% loan-to-value (LTV), take advantage of the Society’s recently enhanced affordability calculation of up to 5.5 times loan-to-income (LTI) – a significant increase from the previous cap of 4.49x.

The latest additions to the Income Flex range include a five-year fixed rate until 30 September 2030 at 6.00%, a two-year fixed rate at 6.25%, and a two-year discounted product at 5.59% (HVR -1.45%).

All three products are available to applicants who meet the Society’s Income Flex criteria, which allows for a more tailored assessment of income, including net profit, projections, and limited trading histories. This is particularly relevant for self-employed clients, a group often underserved by more rigid mainstream underwriting processes.

Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, said: “We know brokers often come across perfectly sound cases that don’t fit neatly into rigid criteria, and that’s exactly where Income Flex can help, especially for self-employed clients or those with irregular income.

“The introduction of these three new products gives brokers more tools to support clients at higher LTVs, with the flexibility of up to 5.5x LTI in place. We want to give brokers solutions that reflect the real lives of their clients, not just what’s easy to assess on paper.”

The launch follows a series of rate reductions introduced earlier this month across Hinckley & Rugby’s core, fixed, Income Flex, Credit Flex and Flex Plus product lines.