Employed        |: Last P60 + last 3 months wage slips or
                    || Employers Reference are needed    
                    |: (must be in present employment for 1 yr, max 
                    || of 2 jobs in last yr)
    Self Emp        |: 3 yrs certified / audited accounts,  
                    || Audited Accountants statement 
                    || (inland revenue assessments may be 
                    || accepted) 
    FTB             |: As above
    RTB             |: As above
    All             |: Existing Lenders Reference / Last 2 yrs
                    || mortgage statements
                    || Landlords Reference
                    || Last 3 months bank statements
                    || Proof of identity
                    || Credit Reference (Equifax)
                    || Valuation Report

    Acceptable forms of identification :-
    Current British or EEC 10 yr passport issued to UK resident
    Current employer ID card with photo & signature from a known
    employer
    Full British Driving License

    OR Two items from this list
    Inland Revenue Self Emp      Certificate 715
    Building Society / Bank Book - if held for min 2 yrs and in
    current use
    Medical Card
    Credit Card
    Student ID Card
    Wage / Salary Slips

    Current Permanent Address will also be confirmed by Voters
    Roll or current Utility Bill


  

   

    Proof of what money is being used for required.
    Maximum LTV 95% for property related loans and 90% for non
    property related loans. Will consider 90% LTV for Capital
    Raising purposes however they restrict the non-housing
    element to 50% of valuation or 25,000 whichever is
    the lessor.

    Acceptable
    Home Improvements (Max 95%)
    Re-Finance (Max 95%)
    Remortgage Marital (Max 95%)
    Capital Raising (Max 90%)
    Consolidation (Max 90%)
    Holiday Home UK only (Max 95%)
    Dependents Home (max 95%)
    Buy to Let (Max 80%)
    Business Start Up (Max 80%)
    Business Purchase (Max 80%)
    Business Capital Riasing (Max 80%)
    Self Build (Max 95%)
    Education Fees (Max 90%)
    Family Holiday (Max 90%)
    Medical Fees (Max 90%)
    Purchase Car Boat Caravan etc.. (Max 90%)
    Second Residence UK Owner / Dependent Occupation / Overseas
    (Max 90%)
    Tax Settlement (Max 90%)
    Business Start up (Max 80%)
    Unencumbered Property (no exisiting mortgage - Max 90%)


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: Yes - Refer to Lender
    Arrears Settled       ||: Yes - Refer to Lender
    CCJ's Outstanding     ||: Yes - Refer to Lender
    CCJ's Satisfied       ||: Yes - Refer to Lender
    Bankruptcy            ||: Refer
    Ex-Patriates          ||: Refer
    DSS Payments          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: Refer
    Guarantors            ||: Refer
    Max age on application||: See below
    Interview Required    ||: Yes
    Multiple Applications ||: Maximum 4 applicants. First 2
                          ||| named applicants incomes will be
                          ||| considered
    Secondary Income      ||: Yes

    Max age on redemption is 65. However they will go to age 70
    providing that proof of continuing income (in the form of a
    Pension etc) can be provided to the satisfaction of the lender

LIFE COVER REQUIREMENTS
    Endowment|| Policy assigned
    Pension  |: Assignable term assurance mandatory
             || Growth Rate - 9% (Unit Linked) 10% (With Profits)

    Most major Life Co's accepted


  

   

    No fee if lenders buildings & contents insurance is not taken
    

    PURCHASE
    Council RTB House / Flat
    Second Property (Dependents use only if remortgaging existing 
    property - Refer)
    Self Build
    Group Build (Refer)

    RTB - 100% DPP 75% OMV

    TENURE
    Freehold House
    Feuhold House / Flat (Scotland)
    Flying Freehold (with acceptable indemnity cover - Refer to
    Lender)
    Agriculturally Restricted (Free / Leasehold - Refer)
    Leasehold House / Flat
    Minimum Lease required on redemption is 30 years

    CONSTRUCTION
    Conventional Brick /Tile
    Timber Framed (Brick / Other Cladding)
    Wholly Timber - Refer to lender
    Non Standard Construction (Refer)

    PROPERTY
    Flat upto 4th Floor (with / without a lift)
    Flat over shop (Self contained)
    Flat over shop (Connected - refer to lender)
    Studio flat - Refer to Lender

    OTHER
    Back to Back
    Converted Flat
    Ex Council House / Flat
    No indoor WC (Refer)
    Single Bedroom
    Studio Apartment
    Thatched Roof

    LOCATION
    Scotland Only


  

   

    For details of Survey Fees contact local LTSB branch.
    Structural Survey & House Buyer Report Fees on request.
    Valuations by LTSB approved valuer
 



  

   

    No MIG Charged on any Mortgage 


  

   

    Bridging Finance         ||: Yes (Open & Closed)
    Drawdown Facility        ||: Yes
    Equity Release           ||: Yes
    Premium Funder           ||: No
    Self Build               ||: Yes
    Group Build              ||: Refer
    Shared Ownership         ||: No
    Top Ups                  ||: Yes
    Further Advances         ||: Yes
    Split Loans (End/Rep)    ||: Yes
    Negative Equity          ||: Existing TSB customers only
    ERP Refund / Waiver      ||: Yes
    Legal Fees Package       ||: No
    Secured Loans            ||: Yes - Refer to local branch for
                             ||| scheme details
    Semi / Full Commercial   ||: Refer
    Second Charges           ||: No
    Minimum Term             ||:  5 years
    Maximum Term             ||: 30 yrs repayment & endowment / 35
                             ||| yrs pension
    Reference Fee            ||: Refer
    Questionnaire Fee        ||: 50
    Telegraphic Transfer     ||: Refer
    Lenders Life Tie         ||: Own

   
    LTSB Home Solutions           - Buildings & Contents
    LTSB MortgageSure             - ASU
    LTSB Homebuyers Plan          - Unit Linked Endowment
    LTSB Mortgage Protection Plan - Mortgage Protection
    LTSB High Protection Plan     - Level Term Policy
    Refer to lender for further details