15 June 2017
Due to feedback from brokers Tipton have decided to reduced their stressed rate.
Some of their key partners suggested their affordability assessment appeared much stricter than a number of other lenders. Following this feedback they undertook an internal review and have now reduced their stressed rate by 1.5%.
This change is effective immediately and the updated online calculator is live on their website https://www.thetipton.co.uk/intermediaries/affordability-calculator/