Status
    Employed |: Upto 95% one of the following as proof of income 
             || :-
             || a) 2 original P60's & 3 computerised payslips (the 
             ||    latest P60 figure to be grossed up at normal 
             ||    multiples provided applicant is in Permanent 
             ||    employment and not on Probation) 
             || b) 1 original P60 & 3 computerised payslips 
             ||    (payslip basic figure to be grossed up at full 
             ||     multiples + guaranteed/regular overtime/bonuses or 
             ||     commissions upto 50% of basic income)
             || c) Normal Income Reference from current employers
             ||    (100% must be in Permanent Employment and not 
             ||     on probation) 
    Self Emp |: 2 Years accounts + confirmation of 3 years income 
             || by chartered or certified accountant
    FTB      |: As above
    All      |: Existing Lenders Reference / 12 mths statements
             || Proof of identity x 2 if not on voters roll plus 
             || proof of residence
             || Credit Reference (Equifax)(can be used as a form
             || of proof of residence or proof of ID
             || Valuation Report

    Special Status
    All      |: Existing Lenders Reference
             || Credit Reference (Equifax)
             || Valuation Report
             || Proof of ID X 2 if not on voters roll + proof
             || of residence 

    Acceptable forms of identification
    Drivers License, Passport, Pension Book, Armed Forces ID card, 
    Employers ID card

    Verification of Address
    Bank/Building Society, Credit Card Statement, Mortgage 
    Statement, Utility Bill, Telephone Directory Record Check, 
    Laser Printed application of address 

    Proof of deposit required for deposits over 10,000 or over


  

   

    Acceptable
    Home Improvements
    Re-Finance (replace existing loan - Capital Raising)
    Debt Consolidation (Capital Raising)
    Education Fees (Capital Raising)
    Family Holiday (Capital Raising)
    Holiday Home UK / Overseas (Capital Raising)
    Investment Opportunity (Capital Raising)
    Marital Settlement (Capital Raising)
    Medical Fees (Capital Raising)
    Purchase car boat caravn etc.. (Capital Raising)
    Second Residence UK owner / dependent occupation / Overseas
    (Capital Raising)
    Timeshare UK / Overseas (Capital Raising)
    Unencumbered Property (no existing mortgage - Capital Raising 
      upto max 50% LTV or 100,000 whichever is the lesser)
    Working Capital (existing business - Capital Raising)

    Capital Raising - max capital raising element 50000
    Home Improvement - max element for home improvements 50000


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Settled       ||: No
    Arrears Outstanding   ||: No
    CCJ's Satisfied       ||: No
    CCJ's Outstanding     ||: No
    Bankruptcy            ||: No
    Ex Patriates          ||: No
    DSS Payments          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: No
    Guarantors            ||: No
    Max age on app        ||: 65 employed / 70 self employed
    Max age on redemption ||: Normal Retirement Age or 70
    Interview Required    ||: On loans over 500000
    Multiple Applications ||: Max 4 applicants. 2 incomes
                          ||| considered
    Secondary Income      ||: No

    Higher income multiples available for professionals who earn a 
    minimum of 15,000 excluding guaranteed/regular overtime and 
    bonuses or commissions, and are in employment which offers a 
    clearly defined career structure and aged 21 years or over. 
    Upto 95% lending

    Shift Allowance :
    Will be taken into account along with basic income on 
    confirmation permanent feature of employment

    Specific Professions qualify for higher multiples for 100% 
    lending only, as follows :-
    Chartered Accountants, Doctors, Solicitors, Veterinary 
    Surgeons, Dentists, Barristers, Chartered Surveyors, 
    Pharmacists, Actuaries, Civil Engineers and Architects

LIFE COVER REQUIREMENTS
    Suitable Life Cover to be inforce at drawdown, this to be 
    Confirmed by a solicitor


  

   

    No charge if lenders Buildings & Contents Insurance is not
    taken but they do require sighting of the policy + banks 
    interest to be noted on policy
    Minimum Property Valuation is 25000 (Special Status 30000)

    PURCHASE
    Council RTB House / Flat (Refer)
    Holiday Home (UK / Overseas - Security on main residence)
    Property to Let (Owner use / Investment - Refer)
    Second Residence (Owner use / Overseas - Refer)

    TENURE
    Freehold House
    Feuhold House / Flat (Scotland)
    Flying Freehold (Refer)
    Leasehold House / Flat
    Minimum lease required on application is not stated - Refer
    Minimum lease required on redemption  is 50 years

    CONSTRUCTION
    Conventional Brick / Tile
    Concrete (Precast / Prefabricated - Refer)
    Timber Framed (Brick / Other Cladding - Refer)
    Non Standard Construction (Refer)

    PROPERTY
    Flat upto 4th floor (with / without lift)
    Flat over shop (Self Contained - Refer)

    OTHER
    Back to Back (Refer)
    Converted Flat
    Ex Council House / Flat (Refer)
    Single Bedroom
    Thatched Roof (With adequate Fire Insurance)

LOCATION
    England Wales Scotland Scottish Isles and Northern Ireland


  

   

~   Purchase Price     Fee        
~   not exceeding    Inc VAT      

    House Buyer's Report & Structural Survey Fees on request
    Valuations by panel valuers
    Fees are inclusive of VAT and a 75 admin fee



  

   

|   100% Scheme            0  -  95%     ||Nil
|                          95.01 - 100%  ||12.00% 
|
|   Standard Status Fixed  0  - 90%      ||Nil
|   and Discounted         90.01% - 95%  || 7.50% 

|   Personal Choice Mtg    0  - 90%      ||Nil
|                          90.01% - 95%  || 8.00% 

|   Premium can be added
|   Calculated from 75%


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: Personal Choice
    Equity Release           ||: Yes
    Premium Funder           ||: No
    Self Build               ||: No
    Shared Ownership         ||: No
    Top Ups                  ||: No
    Further Advances         ||: Yes
    Split Loans              ||: Yes
    Negative Equity          ||: Yes - refer
    ERP Refund / Waiver      ||: No
    Legal Fees Package       ||: Legal fees 
    Secured Loans            ||: No
    Semi / Full Commercial   ||: Yes - Refer (Buy to Let Only)
    Second Charges           ||: Refer
    Minimum Term             ||: No Minimum
    Maximum Term             ||: 40 years (20 yrs for Buy To Let)
                             ||| Self employed max age 70 on redemption        
    Questionnaire Fee        ||: 50 plus vat
    Telegraphic Transfer     ||: 20
    Lenders Tie              ||: None


    PORTABLILITY
    All fixed rates are portable, in the fixed period.