Lending criteria.

Indicates if we can potentially consider a property with unadopted roads

We can potentially consider a property with unadopted roads. There must be full access and maintenance agreement in place.

Indicates if we are able to potentially accept applicants who have recently been charged for an unauthorised overdraft (either by exceeding their overdraft limit or by simply going overdrawn if they do not have an agreed overdraft limit). These unauthorised overdraft charges will likely appear on the client’s recent bank statements.

We do not accept applicants that have recently had unauthorised overdraft charges. Please refer to the Business Development Team if these were more than 12 months ago.

Indicates if we are able to potentially accept applications where the transaction constitutes an undervalue transaction.

We are able to accept applications where the transaction constitutes an undervalue transaction. Our underwriting team will need to be made aware of the original property value and the value that the client is purchasing the property for. Your client will need to provide their own deposit.