Halifax Intermediaries has announced it will be making changes to the loan-to-income (LTI) caps applied as part of its affordability calculation, effective today (10 January).

For applications with an element of self-employed income, where the total income on the application is greater than £75,000 and the loan to value (LTV) is up to 75%, the standard LTI cap has increased to 5.50x.

The LTI of 4.49x will remain for all other self-employed cases.

Meanwhile, for applications where the total income is between £75,000 and £125,000 and the LTV is up to 85%, the standard LTI cap will be 5.00x.

For applications where the total income is more than £125,000, and the LTV is up to 95%, the standard LTI cap will be 4.49x.