Essential Resources

Frequently Asked Questions

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How do I add a Mortgage Club\Submission route to an application?

Log into the Portal. Select “User Profile” from the top right. Select “add or remove Submission routes”. Select the preferred routes (you can add as many as you like at this stage). Once added select Save and enter your password. Now when you key a Decision in Principle you will be able to select a Submission Route each time. Please note this must be added before you move onto the full mprtgage application

Minimum income requirement for BTL?

We do not have a minimum income for BTL just that there is an earnt income from one of the applicants

Do we do right to buy?

No

What list of Countries do you lend to for Ex-Pats?

See our Buy to Let Expat criteria guide

Do you accept second incomes?

• Yes we can accept second incomes at 100% if employed/self employed or pension.
• 100% of maintenance payments (court order showing a minimum remaining period of 5 years payments).
• 50% of investment income.
• 100% of Child Benefit, evidenced in bank statements/bank data or acceptable alternative. The maximum age of a child which the Company will accept Child Benefit for is 13 years of age.
• Universal Credit or their equivalent, subject to the following limits and qualifications:
  Limits
  75% of the benefit evidenced
  The amount can be no more than 25% of the total income on the application
  Qualification:
  The applicant with this benefit must have an acceptable other earned income source