Employed |: Employers reference, latest P60 & 1 mths payslips
             || Current employment less than 1 yr previous
             || employers reference required
    Self Emp |: 3 years accounts + 3 years tax assessments or self 
             || assessment lodged with tax authority
    FTB      |: All FTB who do not have a corporate landlords 
             || reference, must provide their last 3 months 
             || statements.   
    RTB      |: As above
    All      |: Existing Lenders Reference - Original lenders
             || last annual statement with proof of all payments
             || since last one shown on statement - original bank
             || statements acceptable as proof
             || Last 3 months bank statements
             || Proof of identity & proof of residencey (if not on 
             || voters roll) 
             || Other Lenders Reference (at lenders discretion)
             || Credit Reference
             || Valuation Report


  

   

    Acceptable Purposes
    Home Improvements
    Marital Settlement
    Re-Finance (replace existing loan)
    Education Fees
    Holiday Home
    Investment (Provided investment income not needed to support 
    loan)    
    Purchase car, boat, caravan etc..
    Second Home (UK for owner use)
    Medical Expenses
    Working Capital <75% ltv


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: Refer to Lender
    Arrears Settled       ||: Considered
    CCJ's Outstanding     ||: Refer to Lender
    CCJ'S Satisfied       ||: 3 CCJ's Upto 3K Considered on all 
    products. Refer to lender if more
    Bankruptcy            ||: Refer to Lender  
    Ex-Patriates          ||: No
    DSS Payments          ||: No
    Diplomatic Immunity   ||: No
    Debt History          ||: Refer to Lender
    Guarantors            ||: In exceptional circumstances
    Max age on application||: N/A
    Interview Required    ||: No
    Multiple Applications ||: No
    Secondary Income      ||: Yes
    Minimum Age           ||: Primary Applicant 21, 23 for Fresh 
                          ||: Start and Self Certified
                          ||| Secondary Applicant 18

    All applications from married couples must be in joint names

    Overtime - Will consider 100% of guaranteed and regular
    overtime providing it does not exceed 50% of basic salary

LIFE COVER REQUIREMENTS
    Pension  |: Personal - Will be treated as an interest only 
                           loan

    Most major life companies accepted


  

   

    25 charge if lenders Buildings Insurance is not taken
    No minimum property value stipulated

    TENURE
    Freehold House
    Feuhold House (Scotland)
    Leasehold House / Flat
    Minimum lease required on application - 60 years
    Minimum lease required on redemption  - 30 years

    CONSTRUCTION
    Conventional Brick / Tile
    Timber Frame House (Brick Cladding)
    Thatched House (with special insurance requirements)

    PROPERTY
    Flat up to 3rd floor (with / without a lift)

    OTHER
    Back to Back
    Converted Flat (High standard required)
    Ex Council House (Individually assessed)
    Thatched Roof

LOCATION
    England (inc Isle of Wight, Excluding Isle of Man), Wales, Scotland & 
    Northern Ireland (except for RTB cases)


  

   

    (known to lender as Application Fees)

~   PURCHASE PRICE    FEE      
~   Up to                      
~
    Fee covers valuation upto 500000 credit enquiries, VAT and 
    initial processing of application
    Structural Survey & House Buyers Report Fees on request
    Valuations by panel valuer

    The Application form must be accompanied by the application 
    fee in the event that we process the application, prior to 
    obtaining a valuation, but are unable to offer you a mortgage 
    (or the application is withdrawn), an administration fee of 50 
    will be retained from the application fee. Once we have 
    obtained a valuation the application fee is not refundable in 
    any circumstances 


  

   

|   Known to Lender as High Percentage Advance Charge (HPAC - not 
|   MIG)
|       0 -  75%   ||Nil
|   75.01 -  80%   || 5.00% / 1000
|   80.01 -  85%   || 6.00% / 1000
|   85.01 -  90%   || 7.50% / 1000
|   90.01 -  95%   || 9.00% / 1000
|   95.01 - 100%   ||12.00% / 1000

|   Fee calculated to nearest pound and added to loan except for 
|   Restart Product, Not applicable for Manageable Mortgages
|   IPT not applicable


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: Yes
    Equity Release           ||: No
    Premium Funder           ||: No
    Self Build               ||: No
    Group Build              ||: No
    Shared Ownership         ||: No
    Top Ups                  ||: No
    Further Advances         ||: Yes
    Split Loans (End / Rep)  ||: Yes
    Negative Equity          ||: Yes
    ERP Refund / Waiver      ||: No
    Legal Fees Package       ||: No
    Secured Loans            ||: No
    Semi / Full Commercial   ||: No
    Second Charges           ||: No
    Minimum Term             ||: Refer to Lender
    Maximum Term             ||: 40 years (interest only)
    Reference Fee            ||: 47 if a/c open, 58.75 if a/c 
                             ||: closed
    Lenders Questionnaire Fee||: 75
    Telegraphic Transfer     ||: Included in completion fee
    Lenders Tie              ||: N/A