Lending criteria.

Must be satisfied

Max total value £2,000 if made within last 3 years

None made in the last 12 months (except utilities /comms up to £500)

We can consider customers registered on the CIFAS register. Please refer these cases.

We can potentially lend on properties above, next to, or near commercial. Please contact our Business Development Team with property details.

This would be treated as a transaction under value. The applicants would be required to provide a deposit in line with our products (e.g 90% LTV).

12-months contracting experience or 2 years in the same line of work. At least 3 months left on the contract or evidence contract has been renewed or evidence that contract has been renewed at least once with the current contractor.

Income calculation – Day rate x 5 days x 46 weeks per annum.

There is no minimum income for Contractors.

CIS Contractors will be treated as self employed and therefore tax returns/accounts will be required.

Umbrella Companies are calculated in the same way as basic Contractors.

TransUnion.

We do not credit score.

The conviction must be spent and cannot be monetary related (fraud, money laundering etc.) and the applicant must be able to obtain home insurance on standard terms.