Santander for Intermediaries has updated the loan-to-income (LTI) ratios in its affordability calculator. 

The changes come into effect today (14 February).

For those with a combined income of less than £45,000 the LTI for a loan-to-value (LTV) of 85% and over is 4.45x income. 

For those with a combined income of £45,000 to £99,999 the LTI for an LTV of over 75% to 85% is 5.00x income.

Meanwhile, for a combined income of £100,000 or more the LTI for an LTV of 75% or less is 5.50x income. 

The lender says for remortgages without capital raising the maximum income multiple is 5.50x income.

At the end of January, Santander for Intermediaries launched residential and buy-to-let (BTL) intermediary exclusives.

The lender said the new offers would have lower rates with a higher product fee.