Tipton & Coseley Building Society will once again lend at up to 6.5x income.

The building society has reintroduced high income multiple lending, which it last offered in early June.

High income multiple mortgages are for customers who can demonstrate a greater borrowing capability. In these cases, the Tipton will lend up to 6.5x income.

A two year discount at up to 80% loan to value (LTV) is available, priced at 5.59% for new purchases with a £999 arrangement fee.

Across other categories, selected rates have been cut, including those for expat residential borrowers.

A 21bps reduction brings the rate on a two year discount at 90% LTV down to 5.69%. The previous £1,499 arrangement fee has also been removed.

Customers preferring to fix their mortgage can get the same rate of 5.69% over a three year term. This is for expat residential purchases at 70% LTV, or there are further fixed rate options at 80% and 85% LTV rounding out the range.

Expat buy-to-let mortgages have had a similar refresh, with a two-year fixed rate of 5.64% released at 70% LTV. The Tipton’s limited company buy-to-let mortgages now start from 4.69%, fixed for two years at an LTV of 60%.

Tipton & Coseley Building Society head of product and sales operations Becky Wheeler said: “We appreciate the market is challenging at the moment as brokers contend with frequent product changes and price fluctuations.

“Our commitment is to maintain a competitive position by sharpening our rates where we can and introducing products across a broader range of LTV bands. This creates choice and could enable clients to act more quickly on their homebuying plans.”