Darlington Building Society is offering mortgages up to six times a person’s salary, according to Moneyfacts in November 2018.
Lenders are typically lending up to 4.75 times salary.
Heavily indebted borrowers are vulnerable to sharp rises in interest rates.
Since 2014, lenders have not been allowed to agree more than 15% of a loan at a rate above 4.5 times salary. [18.11]