UK Regulators Revise High Loan-to-Income Mortgage Lending Framework

UK regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), have finalized changes to high loan-to-income (LTI) mortgage lending rules, effective October 28, 2026. The updated framework removes the previous 15% firm-level limit, offering individual lenders greater flexibility in their strategies. While the Financial Policy Committee's (FPC) 15% aggregate market-wide limit remains, this adjustment aims to potentially increase access to higher LTI mortgages for creditworthy borrowers.