Status
    Employed |: Upto 95% one of the following as proof of income 
             || :-
             || a) 2 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  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 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 +
             || proof of residence 
             || Credit Reference (Equifax)(can be used as a form
             || of proof of residence 
             || Valuation Report
    Special Status
    All      |: Existing Lenders Reference
             || Credit Reference (Equifax)
             || Valuation Report
             || Proof of ID X 2 & proof of residence.

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

    Verification of Address
    Bank/Building Society, Credit Card Statement, Mortgage 
    Statement, Utility Bill (excluding Telephone Bills) 
     

    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)
    Capital Raising - max capital raising element 150,000 for 
    Lending upto 90% LTV and 50,000 upto 95% LTV. Not available
    for 100% LTV, Student/Graduate & Buy to Let products 
    Home Improvement - max element for home improvements 50000


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Settled       ||: Refer to Lender 
    Arrears Outstanding   ||: Refer to Lender 
    CCJ's Satisfied       ||: No
    CCJ's Outstanding     ||: No
    Bankruptcy            ||: No
    Ex Patriates          ||: Refer to Lender
    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 100% 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
    Life Cover is not a condition of the mortgage but it is  
    strongly recommended cover be taken out


  

   

    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 8th 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
     Scotland,England,Wales & N.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 60 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 - accept "Personal Choice"
    Negative Equity          ||: Yes - refer
    ERP Refund / Waiver      ||: No
    Legal Fees Package       ||: Legal fees added 
    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.