Do lenders still allow some leeway when it comes to an applicant on a salary scale?

[TheBargyman]

Years ago it was said that lenders would add a couple of increments to an applicants application to enable them to borrow a slightly higher amount.

Does this still happen? Would a lender allow an applicant to be assessed for a mortgage on a higher increment than what the applicant is currently on?

 

[ClubMan]

Not sure, but wouldn't the Central Bank mortgage lending measures generally set the cap on the amount that the lender can safely advance?

What are the Central Bank Mortgage Measures?

Our mortgage measures are designed to ensure that banks are other lenders lend money sensibly. Find out more.

www.centralbank.ie

 

[Foxtrot Oscar]

ICS have a "public sector mortgage" product that does this. Salary at three points further on salary scale can be used