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Loan terms

23/08/2017

1. Society Standard
The maximum term for a mortgage is 40 years. The maximum loan to value ratio will be as specified in product literature

If the applicant intends to remain in their current house for more than 12 months from the inception of the mortgage, the monthly mortgage or rent payment will need to be input into our affordability calculator and treated as a commitment

2. Society Advance
The maximum term for a mortgage is 40 years. The maximum loan to value ratio is as specified in product literature

If the applicant intends to remain in their current house for more than 12 months from the inception of the mortgage, the monthly mortgage or rent payment will need to be input into our affordability calculator and treated as a commitment