Velocity System Updates – 7th March 2025

Improvements

SOURCE

Affordability (The Mortgage Lender)

Enhancements were made to the TML mapping of credit commitments to the lender calculator.

Affordability (Newcastle BS)

Enhancements were made to how the Bonus frequency maps to the lender calculator.

Affordability (Family BS)

Enhancements were made to the mapping of credit commitments to the lender calculator.

Affordability (Skipton BS)

Enhancements were made to map credit commitments and bonus income to the lender calculator.

Affordability (HSBC)

Enhancements were made to how bonus income is mapped into the lender calculator.

Affordability (Nationwide BS)

Enhancements were made to the mapping of Bonus income into the lender calculator.

Affordability (Barclays Bank)

Enhancements were made to the mapping of Bonus income into the lender calculator.

Affordability (Coventry BS)

Enhancements were made to map credit commitments and bonus income to the lender calculator.

Affordability (Clydesdale)

Enhancements were made to how Bonus income is mapped into the lender calculator.

Affordability (NatWest)

Enhancements were made to map credit commitments and bonus income to the lender calculator.

Affordability (West Brom)

Enhancements were made to map credit commitments and bonus income to the lender calculator.

 

Bug Fixes

APPLY

Nationwide BS

The income validation for a director was determined to be unnecessary and has been removed.

Virgin Money

Self-employment secondary income was not considered for validation. This has now been fixed.

 

SOURCE

Affordability (TSB)

The affordability result was never available due to new fields added to the property section for New Build properties. This has now been fixed.

 

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