THE INFORMATION ON THIS WEBPAGE IS FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY

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Insurance

23/08/2017

Site insurance must be in place at the time of completion and must cover as a minimum: £5m Public Liability £10m Employers Liability Contract works for the re-instatement value Reinstatement for any existing structure The Society’s interest noted as mortgagee Title insurance will be arranged to protect against defective title and/or planning consents and permissions



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Interest only

23/08/2017

Permitted on specific products – refer to product guide. Not available on credit repair products Maximum LTV 75% Minimum income applies: Sole applicant minimum £50k Joint applicants minimum total £75k with one borrower earning at least £50k Where downsizing is the repayment strategy, a minimum equity of £250,000 applies and the maximum age at the...



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