Lending criteria.

Must have been satisfied for 3 years. Maximum 75% LTV.

Up to 75% LTV. Must have been satisfied 3 years.

Up to 80% LTV – we will ignore defaults that have been settled more than 12 months. If more than 1 or over £1,000 please refer details to our helpdesk.

Above 80% LTV – we will ignore defaults that have been settled more than 12 months. If more than 1 or over £500 please refer details to our helpdesk.

Gifted deposit accepted for UK applicants (must be from immediate family members).

Gifted deposits are not accepted for Expat applications.

Source of funds outside of the UK – We can consider expat applications where the source of the deposit does not originate from the UK. It must originate from the country that the applicant is domiciled in and the funds must be in the UK prior to completion.

In some circumstances vendors may pay the deposit for the applicant, maximum 5%. These cases are acceptable where it is a developer paying the deposit as part of its marketing activity and where the valuer confirms the full valuation of the property. For a small independent builder we will require written confirmation from the builder that paying the deposit is part of its marketing activity. The applicant must also provide a 15% deposit.

Capital raising on another property – We are able to consider applications with this source of deposit but the funds cannot have originated from us.

We can consider. Please contact the Business Development Team to discuss further.