Residential Criteria Guide
• Self-employed trading >12 months
• New build*
• First-time buyer*
• Existing contractors
• Lending into retirement
* (except where the maximum LTV% for any specific product is lower)
Ex local authority properties
Family Gifted Equity
Applicants with previous bankruptcy and IVA
Maximum loan (varies by LTV)
£600k up to 85% LTV
£750k up to 80% LTV
£1m up to 75% LTV
(above £1m considered on referral)
No remortgage within 6 months of purchase. No back to back transactions. Any remortgages under 6 months on a referral basis.
All applications must be on an advised basis.
Capital and interest repayment only.
90 days. New build offers are valid for 6 months subject to valuation/reinspection.