Lenders offering bigger loans for professionals

Lawyers, accountants and doctors who have deposits of as little as 10% are being offered the chance to borrow up to six times their income, the Times reports. Dilpreet Bhagrath of online mortgage broker Trussle says: "It's hugely positive to see lenders accommodating the need for higher income multiples in line with increasing house prices and living costs. Lenders are acknowledging that people are struggling to get on to the property ladder and that, for many, previous loan sizes are just not enough."

The Times (14/12/2018)