Newcastle for Intermediaries has adjusted much of its lending criteria, including its approach to furloughed workers.

Would-be borrowers on the furlough scheme now need to be able to provide written confirmation from their employee that they will be returning to work by the end of October alongside details of their salary.

Concerning those who receive additional income, such as bonuses and commission, Newcastle for Intermediaries will be reducing the percentage it takes for affordability to 25 per cent.

Additionally, applicants on a fixed-term contract that finishes within the next six months will need to be able to show proof of contract extension or that they have a new contract, including salary and term details.

The lender will also no longer be accepting applications from people who are on zero-hour contracts.

Finally, new build properties have new maximum LTVs – for houses, 80 per cent LTV and for falts, 75 per cent LTV.