Lending criteria.

We can ignore CCJ’s that have been satisfied for more than 12 months.

Please refer details to our Business Development Team on cases with: More than 1 CCJ or CCJ’s over £1,000 up to 80% LTV, and over £500 above 80% LTV.

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-month history in the same line of work. If there is less than 3 months remaining on the contract, we will require 2 years contract history.

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.