Criteria Hub

We don’t accept properties undergoing renovation where a surveyor is likely to deem them uninhabitable.

We’ll assess LLP partners in the same way as self-employed applicants. We can consider applicants from day one of becoming a partner in an established partnership where they are replacing an existing partner or joining as an additional partner. Income will be assessed using the latest two years’ partnership accounts and confirmation from the practice accountant or managing partner. Please contact your BDM or our Lending Support team for further details.

We don’t usually offer payment holidays. However, if customers experience unexpected financial difficulties, we’ll consider support on a case-by-case basis. Please contact our Lending Support team on 0800 138 9109 for more information.

We can consider company pension income as an acceptable source of income for affordability purposes (UK sterling only).

We can consider private pension income, including annuities, personal pensions and company pensions, as an acceptable source of income for affordability purposes (UK sterling only).

We can consider income from a self-administered drawdown pension as an acceptable source of income for affordability purposes (UK sterling only).

We can consider income from a Self-Invested Personal Pension (SIPP) as an acceptable source of income for affordability purposes (UK sterling only).

We accept state pension income as an acceptable source of income. This can be based on pension income already in payment or future entitlement.

Our mortgages are portable as standard, subject to the new property meeting our eligibility requirements.

We don’t lend to portfolio landlords. At completion, applicants can have a maximum of three holiday let properties.

Our mortgages are portable, subject to the new property meeting our eligibility criteria.

We can consider applications where a person is acting under Power of Attorney.

We don’t accept applicants who have had a property repossessed.

We allow product transfers up to three months before the end of the current deal period.

We can consider professional landlords who use rental income as their primary source of income.

We don’t accept properties with asbestos or cement sheet roofs.

We don’t accept applications on properties with occupancy restrictions.

We can consider applications on properties purchased at auction.

We accept period timber-framed properties built before 1900, provided the valuer identifies no repair issues.

We don’t require BOPAS accreditation for acceptable non-standard construction types. A BLP Warranty will be required.

We don’t accept British Iron and Steel Federation (BISF) properties.

We accept Precast Reinforced Concrete (PRC) properties where they have been fully repaired under a PRC Homes Ltd guarantee scheme, including adjoining properties in the same block.

We may consider an application on converted church properties.

We may consider Cornish construction properties where a PRC Homes Limited Certificate is available and adjoining properties have also been repaired.

We don’t accept Dutch Barn properties.

We may consider Easi Form Construction properties.
We can accept properties identified as a No Fines or Easi Form Construction and built after 1945 as suitable security. We don’t accept properties identified as No Fines or Easi Form Construction and built prior to 1945 as suitable security. Please contact our Lending Support team on 0800 138 9109 for full details.

We’ll require an EWS1 form where recommended by the valuer and in the following circumstances:

• Buildings of five or more storeys where there’s cladding, curtain wall glazing or balconies vertically stacked above each other and are of a combustible material
• Building of four or less storeys where there is ACM, MCM or HPL panels on the building.

We accept flying freeholds comprising less than 25% of the total floor area. Anything above 25% falls outside our policy.

We may consider properties built using Insulated Concrete Form (ICF) construction.

We don’t accept Large Panel System (LPS) properties.

We accept flat roofs to blocks of flats. We can consider 100% flat roofs subject to valuer’s comments where value and demand are not impacted.
For those flat roofs outside of policy or roofs 30% – 50% flat please contact our Lending Support team on 0800 138 9109 for full details.

We accept standard traditional construction and is considered to be:

• Solid walls built of stone, brick and/or concrete block with a minimum width of – 225mm (excluding finishes)
• Cavity walls built of stone, brick and/or concrete block with a minimum width of – 275mm (excluding finishes)
• Single skin/half brick walls 110 to 150mm thick are only acceptable as long as the walls are within a single storey structures and only contain non-habitable rooms (for
  example, a kitchen and/or bathroom), providing there are no obvious signs of structural movement, the roof is traditional and the Valuer does not raise the issue of Building Regulations and Planning consent. Any single skin wall structure above single storey height is normally unacceptable.

We may consider properties where the construction type is modular and POD construction. Please contact our Lending Support team on 0800 138 9109 for full details.

We accept properties with concrete components containing Mundic provided there is a satisfactory Grade A classification report available in accordance with the latest RICS guidelines.

We accept Wimpey No Fines houses, but not flats.

We don’t accept non-repaired prefabricated reinforced concrete properties.

We may consider properties where the construction type is off site manufactured (MMC)

We may consider Potton homes properties.

We accept PRC properties where they have been fully repaired under a PRC Homes Ltd guarantee scheme, including adjoining properties in the same block.

We don’t accept single-skin properties.

We don’t accept steel-framed properties unless they’re purpose-built blocks of flats.

We don’t accept Structural Insulated Panel (SIP) properties.

We accept thatched-roof properties where the valuer confirms no repairs or replacement work is required.

We accept period timber-framed properties built before 1900, provided the valuer identifies no repair issues.

We accept period timber-framed properties, provided the valuer identifies no repair issues.

We accept period timber-framed properties, provided the valuer identifies no repair issues.

We accept period timber-framed properties built before 1900, provided the valuer identifies no repair issues.

We don’t accept tower blocks with cladding. Flats must meet our EWS1 requirements.

We don’t accept wholly-timbered properties.

We may consider Woolaway properties where they’ve been rebuilt under the PRC Homes Scheme and are being mortgaged on a repayment basis.

We don’t lend on properties with spray foam insulation.

Properties above, opposite or adjacent to certain commercial premises may be referred for further assessment.

Properties above, opposite or adjacent to certain commercial premises may be referred for further assessment.

Properties above, opposite or adjacent to certain commercial premises may be referred for further assessment.

We don’t lend on properties bordering Class A5 commercial premises.

We don’t lend on properties bordering Class B commercial premises.

We don’t lend on properties bordering Class C commercial premises.

We don’t lend on properties bordering Class D commercial premises.

We don’t lend on properties bordering Sui Generis commercial premises.

We accept properties with one self-contained annexe where it’s used for short-term holiday lets or occupied by family members of the owner.

We may consider properties with shared access or shared services, subject to underwriter review.

We don’t accept applications where a title split will take place on completion.

We consider joint applications where ownership will be held as tenants in common with unequal shares.

We don’t lend on properties owned by a trust and won’t accept applications from trusts or trustees.

We accept ex-public sector houses and bungalows where more than 50% of surrounding properties are privately owned and the property is worth at least £100,000.

We don’t accept studio flats.

We accept properties being used as a second home or holiday home.

We don’t accept applications on properties intended as a home for a dependant.

We accept properties with large acreage. Where the land is used as a farm or smallholding, acreage is capped at three acres.

We don’t accept retirement, sheltered or age-restricted properties, except for transfers of existing cases.

We accept properties with an annexe, provided the annexe isn’t sublet separately and the property is let under a single booking.

We accept properties with one self-contained annexe where it’s used for short-term holiday letting or occupied by family members of the owner.

We accept properties with more than one kitchen. Properties with a self-contained annexe (which subsequently may have its own kitchen area) may be considered on referral.

We don’t accept properties with restrictive covenants.