Employed     |: P60 & last 3 mths payslips and Employers Reference
                 || (minimum employments period - 6 mths)
    Self Employed : Last full trading year and accountants statement
                 || minimum trading for advances upto 85% LTV - 1 year
                 || minimum trading for advances over 85% LTV - 2 years
    FTB          |: As above 
    RTB          |: Not available
    All          |: Proof of Identification - Refer to lender
                 || Electoral Roll - 3 yrs residential history - 12 mths
                 || proof of occupancy required if not on voters roll
                 || Lenders Ref - Latest original itemised mortgage
                 || statement and original bank statements to show
                 || mortgage payments to date OR Lenders Reference
                 || Bank Statements - Not normally required, although
                 || may be requested at the discretion of the underwriter


  

   

    Acceptable Purposes
    Re-Finance ( for  remortgage) - 90% Full Status & Self Cert
    Home Improvements - 90% Full Status & 85% Self Cert
    Marital Settlement - 90% Full Status & 85% Self Cert
    Dependents Home - 90% Full Status & 85% Self Cert
    Self Build Home - 90% Full Status & 85% Self Cert
    Education Fees - 90% Full Status & 85% Self Cert
    Holiday - 90% Full Status & 85% Self Cert
    Holiday Home - 90% Full Status & 85% Self Cert
    Investment - 90% Full Status & 85% Self Cert
    Property to Let - 90% Full Status & 85% Self Cert
    Purchase Car, Boat, Caravan - 90% Full Status & 85% Self Cert
    Second Home - 90% Full Status & 85% Self Cert
    Medical Expenses - 90% Full Status & 85% Self Cert
    Working Capital - 85% Full Status & 75% Self Cert
    Business Start Up - 85% Full Status & 75% Self Cert
    Debt Consolidation - 90% Full Status & 85% Self Cert

    Capital Raising maximum 50,000 or 50% over existing secured debt


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: None at application. Prior arrears
                          ||| acceptable depending on scheme
    Arrears Settled       ||: Yes
    CCJ's Outstanding     ||: Conforming products - None
                          ||| Non Conforming products - Max 5,000
    CCJ's Satisfied       ||: Conforming products - None
                          ||| Non Conforming products - CCJ's do not
                          ||| need to be satisfied, depending on scheme
    Past Bankruptcy       ||: Conforming products - not acceptable
                          ||| Non Conforming products - acceptable if
                          ||| discharged
    Ex-Patriates          ||: Not accerptable
    Foreign Nationals     ||: Not acceptable
    Multiple Applications ||: Yes on Buy to Let only
    Loan Guarantors       ||: Not acceptable
    Debt History          ||: Will consider on Non Conforming products
    Diplomatic Immunity   ||: Not acceptable
    DSS Payments          ||: Not acceptable
    Professionals         ||: Yes - No special incentive

LIFE COVER REQUIREMENTS

    Endowment     |: Yes - Assignment is not required
    Repayment     |: Yes
    Pension       |: Yes
    Pure Int Only |: Yes. Assignment is not required. It is the borrowers
                  || responsibility to ensure a suitable repayment
                  || vehicle is in place
    ISA           |: Yes

    Most major Life Companies acceptable. There are no restrictions
    as it is the responsibility of the borrowers to ensure a suitable
    repayment vehicle is in place.



  

   

    30 charged if lenders Buildings Insurance is not taken.Copy
    of the policy required. Minimum Property value 50,000

    PURCHASE
    Main Residence - Flat / House
    
    Will NOT accept Second Home, Home for dependent, Holiday Home or RTB

    Leasehold Properties - Unexpired term of lease 25 years at end of
    term, 50 years at application

    TENURE
    Freehold House
    Leasehold Flat / House
    Feuhold Flat / House
    Flying Freehold Flat / House provided area does not exceed 15%
 
    CONSTRUCTION
    Conventional Flat / House
    Brick on Wood Flat / House
    Concrete Flat / House
    Thatched Roof Flat / House

    Will NOT accept Steel Framed, Timber Framed or Wholly Timber Framed

    PROPERTY
    Flat upto 3rd Floor (with / without Lift)
    Flat over shop - Connected self contained

    OTHER
    NHBC required if property less than 10 years old

    LOCATION
    England (not Isle of Wight), Wales & Mainland Scotland


  

   

     Re-Inspection Fee - 60
     Further Advance Fee - 120
     
     Homebuyer Report fees - By Arrangement



      



  

   

     Charged over 75% LTV @ 6.9%. No minimum premium. Premiums are added
     to the advance amount

     


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: No, although stage payments can be made
                             ||| where property is under construction
    Equity Release           ||: No
    Top Up Loans             ||: No
    Further Advances         ||: Yes
    Split Loans              ||: Yes - Part interest only/Part repayment
                             ||| is acceptable. There are no restrictions
                             ||| on the split
    Negative Equity          ||: No
    Premium Funder           ||: No
    Legal Fees Package       ||: No
    Secured Loans            ||: No
    Semi / Full Commercial   ||: No
    Second Charges           ||: No 
    Minimum Term             ||:  5 years
    Maximum Term             ||: 40 years
    Reference Fee            ||: 60 + VAT
    Telegraphic Transfer     ||: 45
    Cross Selling            ||: No
    Sealing/Deeds Release Fee |: 100

    BTL 
   Maximum advance based on rental and earned income.  
   To calculate the maximum advance the following will 
   be deducted from the applicants gross rental and earned income:

   7.50% of any existing residential mortgage balance

   12  5% of any credit card balances 

   12 months payments for any HP or loans outstanding

   The remaining income should then be multiplied 
   by either 3.5 + 1 or 2.75 joint (whichever is greater). 
   Where the 3.5 + 1 income multiple is used the above deductions 
   should be taken from the higher income.