Self Certify Income, No proof of income required. No contact 
    with employer or accountant              

    Identification :-
    Two pieces of identification from all applicants :
    One to confirm name and One to confirm address 
    At least one should preferably, have a photograph and they must 
    be current (in the case of a driving license or Passport) or 
    issed no more than 6 mths ago (in the case of Utility bills 
    and statements etc). No single item can be used to confirm both 
    name and address. Any form of ID in the joint names of two 
    applicants counts as one for each 

    List of acceptable forms of ID are listed below :-
    UTILITY BILLS:
    Gas, Electricity, Telephone (not including Mobile Phone), Council 
    Tax, Water Rates (all must be within past 6 months)

    OTHER:
    Credit Card Statement, Mortgage Statement, NHS Medical Card, 
    Armed Forces ID card, Driving License, Passport


  

   

    No Proof Necessary.
    
    Self Cert - Will consider up to 1m or 85% loan to
    value whichever is the greater for most purposes

    Buy to Let - Will consider up to 600,000 or 85% loan to value 
    whichever is the greater for most purposes.


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: No
    Arrears Satisfied     ||: No
    CCJ's Outstanding     ||: No
    CCJ's Satisfied       ||: No
    Bankruptcy            ||: No
    Ex-Patriates          ||: Foreign Nationals in UK considered
    DSS Payments          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: No
    Guarantors            ||: No
    Max age on application||: N/A
    Interview Required    ||: No
    Multiple Applications ||: No
    Secondary Income      ||: Yes (Self-cert Only)
    Income Multiples      ||: 4 +1 or 3.25 Joint
    Buy to Let            ||: Same as above plus 6.5 x Annual Rent or 
    Rental Yield calculation of 125% of the mortagge payment on an 
    Interest only basis, calculated at the BBR +1%

    Self-Employed must be in their current Business for a minimum
    of 12 months.

    Employed Applicants must be in their current job for a minimum
    of 6 months. 
    Max term is 65 for employed applicants
    Max term is 70 for self-employed applicants (Shown on Mortgage
    Brain for schedule purposes) by negotiation
    Max term for loan can be extended to 40 yrs

LIFE COVER REQUIREMENTS
    Repayment|: Whole of Life & Level Term Policy
    Pension  |: Personal & Executive pensions only
             || 100% tax free cash at 6-12% Growth rate

    Life cover is 105% of advance
    Most major Life Co's accepted
    Interest only acceptable

    LIFE COVER IS NOT A CONDITION OF THE MORTGAGE, IT IS CLIENTS OWN RISK.


  

   

    No fee charged if lenders Buildings Insurance is not taken. No
    minimum property value stipulated - Minimum loan 25001.

    PURCHASE
    Council RTB House - Maximum 100% DPP, 85% OMV

    TENURE
    Freehold House
    Feuhold House / Flat (Scotland)
    Leasehold House/Flat
    Minimum lease required on redemption is 30 Years

    CONSTRUCTION
    Conventional Brick / Tile
    Concrete (Refer to lender for non standard constructions)
    Steel Framed (Brick / Other Cladding - Flats Only)
    Timber Framed (Brick Cladding)

    PROPERTY
    Flats over 4th floor (with / without Lift - Refer)

    OTHER
    Back to Back
    Converted Flat
    Ex Council House / Flat (Flat refer to lender)
    More than one kitchen (Refer)
    No Bedroom (Refer)
    Single Bedroom
    Studio Apartment (Refer)
    Thatched Roof
    Properties with in excess of 5 acres can now be referred

    Buy To Let - UCB allow lending into retirement and lending to those 
    already retired on BTL applications, providing the client has been
    processed using the new rental yield calculation only. If clients are
    assessed on earned income (and Self Cert residential applicants), we 
    will lend to them providing they have 5 or more years before they are
    due to retire and will allow the term to be between 5 and 40 years. 
    The maximum anticipated retirement age is 70.

LOCATION
    England (inc Isle of Wight), Wales, Scotland (No Right to
    in Scotland) & Northern Ireland


  

   

~   Property       Fee
~   value        Inc VAT

Homebuyers Valuation Report: This is being introduced alongside the 
currently available standard valuation for more comprehensive assessment.             
~


  

   

|   None Charged


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: Yes (Flexible Only)
    Equity Release           ||: Yes
    Premium Funder           ||: No
    Self Build               ||: No
    Group Build              ||: No
    Shared Ownership         ||: No
    Top Ups                  ||: No
    Further Advances         ||: Yes
    Split Loans (End/Rep)    ||: No
    Negative Equity          ||: No
    ERP Refund / Waiver      ||: No
    Legal Fees Package       ||: No
    Secured Loans            ||: No
    Semi / Full Commercial   ||: No
    Second Charges           ||: No
    Stage Payments           ||: No
    Minimum Term             ||: 5 years
    Maximum Term             ||: 40 years
    Reference Fee            ||: 30 + VAT
    Questionnaire Fee        ||: 50 + VAT
    Telegraphic Transfer     ||: 20
    Lenders Life Tie         ||: N/A

    ADVANCE RANGE

   
    Self Certification up to 65% 1m plus arrangement fee} 

    FLEXIBLE MORTGAGE
    On all mortgages with this feature, overpayments of under 500 per 
    month will be credited to the overpayment reserve and will reduce the 
    interest charged.  However, the monthly payment amount will not 
    automatically change.  Overpayments greater than 500 will be credited 
    to the overpayment reserve and will reduce the interest charged.  The 
    monthly payment will be recalculated automatically.  For fixed rate 
    products, overpayments are limited to a maximum of 500 per calender 
    month.  If the overpayment made is greater than 500, the entire 
    overpayment will incur an Early Repayment Charge.

    Your client(s) can access any overpayments they have made by using the
    borrow back facility from the overpayment reserve.  Minimum withdrawal 
    is 500 and we will need at least 5 working days notice.

    Clients can underpay or take a payment holiday, provided they have 
    previously made sufficient overpayments.

    With a pre agreed flexible advance in place, clients can access 
    additional funds using the drawdown facility.  Minimum withdrawal is 
    500 and must be activated within 3 years from completion 
    (not available on Fixed and Standard Tracker mortgages).

     
    CREDIT SCORING
    Credit Scoring facility in operation. Contact lender for
    further information
  
    Multiple Product Options
    
    Self-Cert Mortgage Applications

    Customers are able to choose a mixture of fixed and tracker rates 
    within a single mortgage, thereby balancing their exposure to rate 
    increases and decreases according to their needs.

    Buy-to-Let Mortgage Applications

    Multiple products no longer available on BTL mortgage applications.