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%
The maximum age at application is 88.
We accept properties with a value of up to £10 million as standard.
The maximum age at application is 88.
We don’t have a maximum age at the end of the mortgage term.
The maximum age at the end of term is 95 years.
The maximum age at application is 88 for both residential and RIO mortgages.
We don’t apply a maximum age at the end of the mortgage term for Retirement Interest Only (RIO) mortgages.
The maximum employment age we consider is 80. For residential mortgages, the maximum age at application is 75.
We require ground rent to be no more than 0.1% of the property’s value and not to double more frequently than every 20 years.
Our maximum loan amount is £2 million as standard.
We offer Retirement Interest Only (RIO) mortgages up to a maximum loan amount of £2 million.
We can potentially accept applicants with up to one months mortgage arrears in the past 12 months and up to a maximum of two months in the past three years. The account must be up to date at the time of application.
We’ll accept a maximum of two applicants per application.
We don’t set a maximum number of bedrooms, provided the property is let as a single unit.
We can consider a maximum of two satisfied defaults less than or equal to £500 in the past six years and no more than one satisfied default less than or equal to £500 in the past two years.
For mail-order or communications debts only, no more than two defaults less than or equal to £100.
We will not consider applicants with unsatisfied CCJs.
We can consider a maximum of two satisfied defaults less than or equal to £500 in the past six years and no more than one satisfied default less than or equal to £500 in the past two years.
For mail-order or communications debts only, no more than two defaults less than or equal to £100.
We can’t consider more than one unsatisfied default with a balance of £100 or less in the last two years for mail orders, communications, or utilities debts only. Defaults for any amount more than two years ago are accepted whether satisfied or unsatisfied.
We won’t consider unsatisfied defaults within the past six years for any other type of account.
We accept ex-public sector flats and maisonettes with no storey limit. Properties with four or more storeys must have lift access.
The following must also be considered:
- They must also have a minimum value of £100,00
- There must be no no communal balconies
- There must be no open communal access
- There must be at least 50% private ownership within the block and development.
We don’t apply a maximum number of storeys, however properties with four or more storeys must have lift access.
We’ll only consider flats without lift access where the building is up to three storeys high.
We offer mortgage terms of up to 40 years on both repayment and interest-only mortgages.
We offer mortgage terms up to 41 years.
We don’t apply a maximum mortgage term for Retirement Interest Only (RIO) mortgages.
All accounts must be up to date at the time of application. We can consider a maximum of two month’s arrears in the past two years. Unsecured loans must have been up to date for the three months prior to application.
Mail Orders and Communications – we have no restrictions on historic arrears but the account must be up to date at application.
Utilities – the account must be up to date at application. Arrears balances under £250 can be accepted. For balances of £250 or more, a maximum of two months arrears in the past two years will apply.
We can consider a maximum value of £500 for satisfied CCJs.
We can consider no more than one satisfied CCJ less than or equal to £250 in the past two years. We can consider no more than two satisfied CCJs less than or equal to £500 in the past six years. We’re unable to accept unsatisfied CCJs.
We will not consider applicants with unsatisfied CCJs.
We can potentially consider the following:
- No more than one satisfied default less than or equal to £250 in the past two years.
- No more than two satisfied defaults less than or equal to £500 in the past six years.
For mail order or communications debts only:
- No more than two defaults up to the value of £100.
We don’t accept properties located close to a mine shaft.
The minimum age for Holiday Let applications is 18.
The minimum age at application is 18.
The minimum age for a Retirement Interest Only (RIO) mortgage is 50. For joint applications, one applicant must be aged 50 or over and the other must be at least 18.
The minimum age of the second applicant is 18.
We require a minimum equity amount of £100,000 for interest only mortgages.
Where Sale of Property (SOP) is the repayment vehicle, the following minimum equity requirements apply:
- Scotland (except Edinburgh and Dundee) and North East: £100,000.
- North West, Yorkshire & Humber and Wales: £120,000
- Rest of UK: £150,000
- London: £250,000
We don’t have a minimum income requirement.
We don’t have a minimum income requirement for interest only mortgages.
Our minimum loan amount is £50,000.
We accept ex-public sector flats and maisonettes where at least 50% of the block and development is privately owned.
The following must also be considered:
- They must have a minimum value of £100,000
- For more than fours storeys or above must have lift access
- There must be no communal balconies
- There must be no open communal access.
We require a minimum property value of £100,000
We require a minimum property value of £100,000
Houses must have a minimum unexpired lease term of 250 years at completion of the mortgage. Flats must have a minimum unexpired lease term of 85 years at completion of the mortgage.
Houses must have a minimum unexpired lease term of 250 years at completion of the mortgage. Flats must have a minimum unexpired lease term of 85 years at completion of the mortgage.
We offer mortgage terms from a minimum of five years.
We’ll allow up to two months’ arrears in the last two years. All accounts must be up to date at application.
We’ll allow up to one month’s arrears in the last year and up to two months’ arrears in the last two years. Accounts must be up to date at application and have remained up to date for the previous six months.
Our mortgage offers are valid for three months.