If your circumstances are more unusual, our personal approach to underwriting means that we may still be able to offer you the mortgage you want...
We provide guarantor mortgages which enable us to consider parents’ or family members’ income to help with affordability on applications.
If the parent or family member already has a mortgage or other credit commitments, these will be taken into consideration when calculating
the affordability. The guarantor must be able to prove that they can cover the guaranteed amount of the mortgage loan, as well as their own
existing commitments. The mortgages are considered subject to full underwriting and meeting our lending criteria.
If your work requires you to live away from your main residence, a loan on a second home may be considered, subject to affordability.
Interest-only loans are accepted on this basis.
Loans are available on an owner-occupier basis subject to certain conditions; applications will be assessed on an individual basis
depending on circumstances.
We accept Long Service Advance of Pay (LSAP) as a source of funds for a deposit. For more information on LSAP, please visit the
Forces Law website.
Flexibility to change occupancy status and subsequent product terms will be considered on request; this may be subject to
standard fees and early repayment charges.
Mortgage applications on holiday homes are available, subject to affordability which must be calculated against the applicants
earned income without inclusion of any rental that may be received from the property. Interest-only loans will be accepted on this
basis. It is intended that these properties should be for the applicants use but where the property may be occupied on a holiday
let basis when the applicants are not in occupation. Applicants with portfolios of Holiday Homes will not be permitted.
Holiday homes will not be accepted where there is a formal AST or where they can only be used as a holiday home due to
restrictive covenants within the deeds. Maximum Loan to Value will be 70%.
Loans are available on a Buy to Let basis, subject to certain conditions. Additionally, we're able to lend to UK nationals
working abroad, along with UK nationals and foreign nationals working in the UK but paid in a foreign currency, on an interest
only Owner Occupier mortgage. This is subject to certain conditions. Please refer to our lending criteria for more information.
For acceptable products and countries of residence please contact our dedicated New Business Team on 03330 140140 or
email our New Business Team.