Lending criteria.

Indicates if we can potentially consider applications from applicants who have a history of late payments (NOT REGISTERED AS MISSED) on any credit agreements they hold.

We can potentially accept applicants with previous ‘Late Payments’.

Indicates if we can potentially lend on residential applications for leasehold properties where no separate management company exists.

Indicates if we can potentially accept ‘no-search indemnity insurance’ for a purchase application

We are unable to accept ‘no-search indemnity insurance’ for a purchase application

Indicates if we can potentially accept ‘no-search indemnity insurance’ policy for a remortgage application

We are unable to accept ‘no-search indemnity insurance’ for a remortgage application

Indicates if we can potentially accept a private local authority search for a purchase application

The Solicitor must also confirm that the title is good and marketable and personal searches are subject to the search firm subscribing to the Search Code monitored by the Property Code Compliance Board.

Indicates if we can potentially accept a private local authority search for a remortgage application

The Solicitor must also confirm that the title is good and marketable and personal searches are subject to the search firm subscribing to the Search Code monitored by the Property Code Compliance Board.

Indicates if we can potentially consider lending on properties located in the Channel Islands.

We do not lend on properties in the Chanel Islands.

Indicates if we can potentially consider lending on properties located in England.

We lend on properties in England

Indicates if we can potentially consider lending on properties located on the Isle of Man.

We do not lend on properties on the Isle of Man.

Indicates if we can potentially consider lending on properties located on the Isle of Wight

We are able to lend on properties on the Isle of Wight.

Indicates if we can potentially consider lending on properties located in Northern Ireland.

We do not lend on properties in Northern Ireland.

Indicates if we can potentially consider lending on properties located in the Scilly Isles.

We are not able to lend on properties in the Scilly Isles.

Indicates if we can potentially consider lending on properties located in Scotland.

We do not lend on properties in Scotland.

Indicates if we can potentially consider lending on properties located in Wales.

We lend on properties in Wales

Indicates if we can potentially allow a customer to Let their existing residential mortgaged property. 

We allow a customer to Let their existing residential mortgaged property

Indicates if we are potentially able to arrange the new residential mortgage where the existing residential mortgaged property is going to be Let with a different lender. 

We are able to arrange the new residential mortgage where the existing residential mortgaged property is going to be Let with a different lender

Indicates if we can potentially accept applications to remortgage onto a buy to let basis when the current mortgage is residential. For example, Jack wants to move out of his current residential mortgaged property, remortgage onto a buy to let and purchase a new residential property to live in. This criteria relates to converting the current residential onto a buy to let mortgage.

We are able to accept applications to remortgage onto a buy to let basis when the current mortgage is residential.

Indicates if we can potentially accept applications where there is/will be a lodger residing in the security property.

We can accept lodgers subject to there being no Assured Tenancy Shorthold Tenancy Agreement in place, must not have own independent contained facilities and must be restricted to one lodger.