Lender and Bank policy changes behind the scenes

Even if your income and debts haven’t changed much, lender policies may have.

Lenders update their guidelines based on:

• Market conditions

• Regulatory expectations

• Their own risk appetite

Some examples of policy changes that can affect you:

• Tighter rules around rental income or overtime income

• Different ways of calculating self‑employed income

• More conservative limits on debt‑to‑income ratios

A lender that would have easily approved you five years ago might be more cautious today, especially if your situation is even slightly more complex.