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Lending Criteria.

Our criteria is split into residential and buy to let, so use the options below to find the criteria you need.

Residential Buy To Let

Offer expiry time (New Build)

Displays the number of days a NEW BUILD mortgage offer is valid for.

Offers are valid for 6 months for New Build properties with the potential to extend.

Please note Additional Borrowing and Porting offers are valid for 3 months.

Offer expiry time (Standard – Remortgages)

Displays the number of days a standard REMORTGAGE mortgage offer is valid for in DAYS.

Offers are valid for 6 months for standard applications, with the potential to extend.

Please note Additional Borrowing and Porting offers are valid for 3 months.

Offer expiry time (Standard)

Displays the number of days a STANDARD mortgage offer is valid for.

Offers are valid for 6 months for standard applications, with the potential to extend.

Please note Additional Borrowing and Porting offers are valid for 3 months.

Offset Mortgages Available?

Indicates if we offer residential offset mortgages (subject to product availability).

We do not offer offset mortgages.

Other Income: Bursary

Indicates if we can accept Bursary as an acceptable source of income for affordability purposes.

We are not able to accept this form of income

Other Income: Foster Care Income

Indicates if we can accept foster care income as an allowable income type for affordability purposes. For example, Mr & Mrs Jones receive £20,000 per year in foster care income and wish to apply for a mortgage based upon this income.

We may be able to accept foster care income. Must have been fostering for at least 3 years and it cannot be their only source of income. It will be subject to underwriters approval.

Other Income: Income protection/Permanent Health Insurance

Indicates if we can potentially accept Income protection/Permanent Health Insurance as an income type.

We will not accept Income protection/Permanent Health Insurance as an income type.

Other Income: Lodger Income

Displays if we will potentially accept lodger income as an acceptable source of income for affordability purposes.

We are unable to accept lodger income

Other Income: Maintenance (not through the courts)

Indicates if we can accept maintenance that is by verbal agreement between the separating parties as an acceptable source of income for affordability purposes. Specifically, maintenance that is not via court order, CSA assessment or similar.

We are able to accept maintenance income as long as the applicant can evidence 12 month receipt history via bank statements.

Other Income: Maintenance (through the courts)

Indicates if we can accept Maintenance (through the courts) as an acceptable source of income for affordability purposes.

We can accept maintenance through the courts at 100%

Other Income: Seafarer

Indicates if we can consider Seafarer income as an allowable income type

We will consider Seafarer income as an allowable income type

Other Income: Stipend

Indicates if we can accept stipend as an allowable income type for affordability purposes.

We are not able to accept this income

Overpayment facility as standard (percentage)

Indicates the amount you can usually overpay (subject to product availability) without penalty.

Fee free overpayments up to 50% of the original loan (subject to product availability)