Infinity has launched an affordability calculator for its intermediaries to enable them to determine an applicant’s borrowing potential.
Infinity offers the option to choose to use either affordability or income multiples on full status applications
Simon Biddle, head of marketing and communications at Infinity, says: “The feedback from intermediaries is clear; affordability continues to be an issue.
“That is exactly why we have responded with the affordability calculator. At Infinity we intend to do all we can to help hard pressed home buyers.
“The feature of using either the affordability calculator or the income multiple offers a level of flexibility that is unique to Infinity.
“There is no doubt that this enhancement adds further value to our already highly competitive range.”