Precise Mortgages has unveiled a new mortgage range offering up to six times your income, alongside loan-to-value (LTV) ratios of up to 95%. This move could transform the borrowing potential for first-time buyers, home movers, and remortgagers who have struggled to secure the mortgage amounts they need. At Oportfolio Mortgages, we specialise in connecting clients with lenders offering innovative and flexible products. Precise Mortgages’ latest criteria changes could be the lifeline you’ve been waiting for.
Key Features of Precise Mortgages’ New 6x Income and 95% LTV Mortgages
Precise Mortgages has rolled out one of the most generous affordability models in the UK mortgage market, with highlights including:
- Up to 6x income – available to all occupations with no minimum income required to access the feature.
- Available to first-time buyers, home movers, and remortgages.
- Up to 6x income for borrowers with recent adverse credit (subject to credit scoring).
- 95% LTV mortgages – buy with just a 5% deposit.
- Stress rates reduced to just 1.25%, improving affordability.
- Maximum loan size increased to £5 million.
- Rates starting from 4.77%.
Precise Mortgage Affordability:
- No maximum debt-to-income ratio (DTIR) – instead, a full financial assessment is used.
- No deductions for childcare costs, pension contributions, or sharesave schemes.
- Unsatisfied CCJs and defaults won’t impact affordability unless under a repayment plan.
- Consolidated debts excluded from affordability calculations.
- Minimum income requirement of £15,000.
Why 6x Income Mortgages Matter in 2025
For many people in the UK property market, especially first-time buyers, the biggest challenge isn’t finding a home, it’s borrowing enough to buy it. House prices remain high, while standard mortgage lending limits of 4.5x to 5x income can fall short of covering the purchase price, particularly in areas like London and the South East.
High stress test rates, rigid affordability checks, and deductions for living costs have made mortgage approvals tougher. Even those with solid incomes and good credit histories can find themselves short on borrowing power. By offering up to 6x income and a 95% LTV, Precise Mortgages is breaking down these barriers, allowing borrowers to access the mortgage amounts they truly need, with more realistic affordability assessments.
Expert Opinion from Oportfolio Mortgages
Louis Mason, Head of Marketing and Communications at Oportfolio Mortgages, says:
“This is a real game-changer for UK borrowers. Precise Mortgages is addressing a problem we’ve seen for years, people being turned away despite being perfectly capable of managing their mortgage. With 6x income multiples, reduced stress rates, and 95% LTV, they’re giving more buyers a genuine shot at homeownership. It’s exactly the kind of flexible thinking the market needs.”
How Oportfolio Mortgages Can Help You Borrow More
Our mortgage experts at Oportfolio Mortgages have access to specialist lenders like Precise who understand that real-life affordability isn’t just about a rigid formula.
Whether you’re a first-time buyer, moving home, or remortgaging, we can help you:
- Access 6x income mortgages to maximise your borrowing potential.
- Find competitive 95% LTV mortgage products to reduce deposit requirements.
- Secure deals that work around adverse credit and real-life circumstances.
Speak to an Oportfolio Mortgage Advisor Today
If you’re ready to explore how much more you could borrow, contact our friendly team today to book your free initial mortgage consultation. We’re here to help.
FAQ’s
-
What is a 6x income mortgage?
A 6x income mortgage is when you borrow a maximum of six times your annual income. For example, if you earn £50,000 a year gross in an employed position, you could potentially borrow up to £300,000 subject to a full mortgage affordability check.
-
Can I get a 6x income mortgage with bad credit?
Yes potentially. Lenders like Precise mortgage are specialists and with the help of a mortgage adviser, you could potentially borrow up to 6x your income, even if you have some credit issues. But it all comes down to a full mortgage affordability check and application.
-
How much deposit do I need for a 95% LTV mortgage in the UK?
95% LTV mortgage means you need a minimum of 5% of the property value as a deposit. For example, on a £200,000 property you would need a minimum of £10,000 deposit (5%) and you would need a £190,000 mortgage (95%).
-
Which lenders offer 6x income mortgages in 2025?
There are lots of lenders who offer 6x income. The best thing to do is speak to a mortgage adviser like Oportfolio Mortgages who are whole of market.
-
Is a 95% mortgage a good idea for first-time buyers?
A 95% LTV mortgage is a good option for people who are struggling to save a larger deposit, however the rates are generally higher and you will owe more money on the property. You should always consult a specialist and qualified mortgage adviser before committing to a 95% LTV mortgage.
