Lending criteria.

Home improvements – Accepted up to 90% LTV.
Debt Consolidation – Accepted up to 90% LTV.
Gifting – Accepted.
Purchase of second home (UK only) – Accepted up to 80% LTV but will require simultaneous completion.
Purchase of BTL or Holiday Let – Accepted up to 90% LTV.
Repay Help to Buy – Accepted up to 95% LTV if only reason for capital raise.
Purchase additional shares/staircasing (Shared Ownership) – Accepted, subject to Shared Ownership products available.
Extending a lease – Accepted.
Medical expenses – Referral recommended. Please contact our Business Development Team.
Purchase of land – Accepted.
School fees – Accepted.

Accepted. Please note: the profit will be less finance costs. We will use the income evidenced on the tax calculations – an average of the latest 2 years.

Capital & Interest/Repayment – Accepted.
Part & Part – Accepted.
Interest Only – Accepted.

Up to 75% as long as more than 3 years ago and any shortfall has been repaid in full by the applicant.

Up to 75% as long as more than 3 years ago and any shortfall has been repaid in full by the applicant.

Accepted. All applicants must be on the Right to Buy paperwork.
Capital raising not accepted.
We can lend up to 100% of the discounted purchase price as long as the LTV based on the valuation does not exceed 80%.
We will accept a joint application for a Right to Buy case where only one borrower will reside at the property. The maximum LTV would be 80% and would be subject to affordability, including the running costs for the Right to Buy purchase as well as the any other properties where the other applicant(s) will reside upon completion.