Employed        |: Confirmation phone call to employer to confirm
                    || at least 4 mths employment and role is permanent.
                    || Self Certification of income
    Self Emp        |: Letter from accountant to confirm self employed 
                    || for at least 1 year. Self Certification of income

    The above references are not required where LTV is below 75%

    FTB             |: Not available
    RTB             |: Not available
    All             |: Proof of identity
                    || Credit Reference (CCN)
                    || Valuation report
                    || Existing Lenders - Latest Mtg/loan 
                    || statement, latest 3 mths consecutive bank 
                    || statements

    Acceptable forms of Address identification
    Utility Bill / Bank Statement / Community Charge Bill
    
    Acceptable forms of Identification
    Full Driving License, Passport, Employers ID card with 
    signature & photo


  

   

    95% maximum for remortgages - Where borrowers seek to raise 
    extra finance on a remortgage, then 95% maximum will ONLY 
    apply to those cases where the reason for extra finance is 
    related to home improvements 

    Home Improvements
    Debt Consolidation (max 85%)
    School Fees (max 85%)
    Holiday/Cars (max 85%)
    Buy Other Property (Max 85%)
    Divorce Settlement
    Unencumbered property
  


  

   

    UK Tax Payers         ||: Yes
    Arrears Outstanding   ||: No
    Arrears Settled       ||: No
    CCJ's Outstanding     ||: No
    CCJ's Satisfied       ||: No
    Bankruptcy            ||: No
    Ex-Patriates          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: No
    Guarantors            ||: Depending on product, must be blood 
                          ||: relative
    Max age on application||: depends on term requested
    Multiple applications ||: Standard - 2.5 x joint for 3 apps
                          ||:            2.25 x joint for 4 apps
                          ||: FTB      - 2.25 x joint for 3 apps
                          ||:            2    x joint for 4 apps

LIFE COVER REQUIREMENTS

    Repayment|: No mandatory requirements
    Pension  |: Term assurance
             || Personal  - 80% Tax Free Cash 12% Growth Rate or
             ||             100% Tax Free Cash at 6% Growth Rate 
             ||             (illustration required)
    Endowment|: Policy deposited
    PEP      |: 100% of fund at 6% growth 80% of fund at 12% , 
             || Term Assurance deposited (Illustration required)


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: No
    Arrears Settled       ||: Yes - providing no arrears within 
                          ||| last 12 mths (each case assessed 
                          ||| individually) 
    CCJ's Outstanding     ||: No
    CCJ's Satisfied       ||: Yes - providing only 1 CCJ < 250 
                          ||| registered incorrectly or as a 
                          ||| result of a genuine dispute (each 
                          ||| case assessed individually) 
    Bankruptcy            ||: Yes - If over 6 years ago and
                          ||| discharged bankrupts who have been
                          ||| discharged more than 4 years and who
                          ||| had no criminal convictions arising
                          ||| out of the bankruptcy
    Ex-Patriates          ||: UK National abroad and Foreign
                          ||| Nationals (with unrestricted stay in 
                          ||| the UK considered - refer to lender)
    DSS Payments          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: No
    Guarantors            ||: No
    Max age on application||: Above 65 years refer to Lender
    Interview Required    ||: No
    Multiple Applications ||: Maximum 4 applicants. 2 highest
                          ||| incomes taken into consideration
    Secondary Income      ||: Considered on an individual basis

    INCOME MULTIPLES
    
    Salary Band upto 25,000 - 3.25 + 1 or 2.6 joint

      "     "     "  50,000 - 3.5  + 1 or 2.7 joint

      "     "     "  75,000 - 3.75 + 1 or 2.8 joint

      "     "  above 75,000 - 4    + 1 or 2.9 joint
 
LIFE COVER REQUIREMENTS
    Endowment|: With Profits & Unit Linked
    Repayment|: Term Assurance recommended
    Int Only |: Term Assurance
    PEP      |: Refer
    Pension  |: Refer

    Most major Life Co's accepted


  

   

    25 charge if lenders Buildings & Contents Insurance is not
    taken. Minimum property value 25,000

    PURCHASE
    Second Home (sole use of applicant - no letting) - Max 85%
    Holiday Home (sole use of applicant - no letting) - Max 85%

    TENURE
    Freehold House
    Feuhold House
    Flying Freehold - musn't exceed 25% of overall property
    Agriculturally Restricted (Free / Leasehold - Max 50% + other
    restrictions - Refer)
    Leasehold House / Flat
    Minimum lease required on application is 50 years + mtg term

    CONSTRUCTION
    Conventional Brick / Tile
    Concrete (Precast/Prefabricated - Subject to Policy)
    Timber Framed (Brick Cladding)
    Timber Framed (Other Cladding - Dependent on certain criteria)

    PROPERTY
    Max Floors in block of flats - 7
    
    RTB
    Minimum Advance 25001
    
    OTHER
    Back to Back (Min valuation 30000)
    Converted Flat
    Ex Council House / Flat (max 75%)
    Studio Apartment
    No inside WC - full retention to be made pending installation 
                   of bathroom                                    
    No Bathroom - full retention to be made pending installation 
                   of bathroom                                    

LOCATION
    England (inc Isle of Wight) Wales and Scotland (mainland only) 
    & Northern Ireland


  

   

~      Valuation        Fee (inc VAT)

    Fees Shown include a 50 adminstration fee which is retained by 
    Buildstore if the application does not proceed. Minimum valuation
    50,000

    Payment by Card Services available-Please refer	



  

   

|    (known to the lender as High Percentage Advance Fee)
|       0   - 75%    ||Nil
|      75%  - 95%    || 7.00% / 1000
|     95.01 - 100%   ||12.00% / 1000

|   Minimum premium 280
|   MIP can be added to loan where it takes the LTV over 95%
|   Indemnity Insurance provided by CGU