Residential Criteria Guide

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Minimum age


Maximum age

80 at the end of term

Maximum number of applicants


Credit score

We will not use score to determine the product rate with the exception of our RL0 product where this must meet TML’s Equifax application score. TML reserves the right to amend the credit score for the RL0 product rate without notice

Payday loans

Payday loans must be satisfied 12 months prior to application including defaulted payday loans, unless otherwise stated at a product level.

Debt Management Plan

If a credit commitment is subject to a Debt Management Plan (DMP) or equivalent, we will accept the payment amount agreed within the DMP or equivalent within our affordability calculation.

On any case with a formal DMP we will require a reference that confirms the DMP has been conducted satisfactorily for the past 12 months.

TML will not consider an applicant who has an active Debt Arrangement Scheme in Scotland.