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

Blog Archives

Portfolio

23/08/2017

A maximum portfolio of 3 properties in total in mortgage to the Society or other lenders will be allowable to an individual or connected counterparty. Full details must be obtained from the applicant and details verified, as far as possible, to the loans reported on the credit search The maximum that may be lent to...

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Property Types

23/08/2017

The following types of property are acceptable as security: Properties in England and Wales only Property with a minimum valuation of £90,000 Property in shared ownership Owner occupied private dwelling Acceptable security types: Houses: Detached/semi-detached/terraced/townhouse/bungalow built of traditional construction, i.e. brick or stone walls and tiled or slated roof New build houses subject to maximum...

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Part and Part combined

23/08/2017

Permitted on specific products – refer to product guide Maximum LTV 60% Minimum equity £135,000 Repayment element of a part interest only mortgage can count towards the minimum £135,000 equity

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