Foreign Nationals without indefinite leave to remain
We can consider foreign nationals without indefinite leave to remain where they hold an eligible work visa and have a minimum of 12 months’ employment history.
We can also consider applicants on a spousal visa as part of a joint application.
Applicants on a skilled worker visa or health and care worker visa must be in permanent employment.
The maximum LTV is 95%
We accept Large Town Allowance as an acceptable source of income.
We can potentially accept applicants with previous ‘Late Payments’.
We can consider leasehold flats and apartments where the applicants own part or all of the freehold, subject to suitable legal arrangements and a charge over both interests.
We may consider lending on leasehold properties where there is no separate management company.
Houses must have a minimum unexpired lease term of 250 years. Flats must have a minimum unexpired lease term of 85 years.
We lend in England. If the property is in London, please refer to our leasehold requirements guidance.
We don’t offer Holiday Let lending in London due to leasehold restrictions commonly found across the city.
Properties located within a Planning Control Area should be referred to us before submission.
We lend in Wales.
We don’t lend on properties in the Channel Islands.
We lend on properties in England.
We don’t lend on properties on the Isle of Man.
We may consider lending on properties located on the Isle of Wight.
We don’t lend on properties in Northern Ireland.
We don’t lend on properties in the Scilly Isles.
We lend on properties in Scotland. If the property is located on the Scottish Isles, please contact our Lending Support team to discuss.
We lend on properties in Wales.
We don’t lend to limited companies
We’ll allow one lodger, provided they’re not subject to an Assured Shorthold Tenancy (AST).
We can consider London Weighting as an acceptable source of income.