Employed |: Employers Ref & P60 + 3 payslips (min duration 6 
             || months - else continuous employment for past 18
             || 18 months required). Satisfactory references 
             || covering 2 years employment required
    Self Emp |: 2 yrs accounts + 1 yrs projection (income based on 
             || average of 2 yrs nett profit + 1 yrs projected 
             || nett profit) 
    All      |: Previous Lender / Landlords Ref
             || Credit Check (Equifax)
             || Proof of identity
             || Proof of residency covering the last 2 Years 
             || (Utility Bill, Council Tax Bill, Voters roll 
             || enquiries or bank statements)
             || Valuation

    Acceptable forms of identification :
    Birth / Marriage Certificate, passport or Driving License. 
    original documents must be supplied


  

   

    Most purposes considered - Please REFER to LENDER
    CAPITAL RAISING ONLY TO 75% LTV


  

   

    UK Tax Payers         ||: Must have been resident in UK for a 
                          ||| minimum of 2 years - Refer
    Arrears Settled       ||: Refer
    Arrears Outstanding   ||: NO
    CCJ'S Satisfied       ||: Max 1 up to 500 in last 3 years
    CCJ'S Outstanding     ||: No
    Bankruptcy            ||: Considered (min 4 yrs discharged) -
                          ||| refer to lender
    Ex Patriates          ||: No
    Commission            ||: Max 50% (75% upto 75% LTV) must not 
                          ||| exceed half of total income required
    Guarantors            ||: Max 75%, must be blood relative - 
                          ||| refer above 75%

    Income Multiples - Standard multiples ar 3 + 1 or 2.5 x joint. 
    These can be increased providing the primary applicant is at 
    least 25 years of age - Upto 90% LTV 3.25 + 1 or 2.5 x joint
                            Upto 75% LTV 3.50 + 1 or 2.75 x joint
                            Upto 50% LTV 4.00 + 1 or 2.75 x joint
    
LIFE COVER REQUIREMENTS
    Endowment|: Policy Assigned-Deposit England & Wales & Assign 
             || Scotland
    Pension  |: Unit Linked & With Profits, Term Assurance 
             || assigned
             || 80% Tax Free Cash at 13% Growth Rate
    PEP      |: Term Assurance Assigned
    ISA      |: Acceptable

    Most major Life Co's accepted


  

   

    25 charge if lenders Buildings Insurance is not taken, 5 
    annual admin fee thereafter. Minimum property price and or 
    valuation of 25,000 (whichever is lower)

    PURCHASE
    Council RTB House / Flat
    Self Build
    Second/Holiday Home - Max 75% (applicants own use only)

    RTB - 100% of DPP to a max 75% of OMV. Council flats 
    considered only in exceptional circumstances up to 50% OMV 

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

    CONSTRUCTION
    Conventional Brick / Tile
    Timber Framed (Brick Cladding)

    PROPERTY
    Flat up to 4th floor (with lift)
   
    OTHER
    Back to Back (90% max)(Yorkshire Area Only)
    Converted Flat
    Ex Council House / Flat to a maximum of 50%
    No bathroom (subject to full retention)
    No indoor WC (subject to full retention)
    Part Commercial (Shop etc)
    Part Occupied
    Single bedroom
    Studio apartment (60% max)
    Thatched Roof (refer to insurer)

LOCATION
    England, Wales, Scotland, Scottish Isles & Gibraltar. Will
    lend in South East of England.
    Will lend in Northern Ireland subject to a minimum value of 60,000. 



  

   

~   Valuation              Fee
~                       (inc VAT)
~

    RICS/Homebuyer Report (or similar)
    Up to 100,000        305
    Up to 150,000        350
    Up to 200,000        400
    Up to 250,000        450
    Up to 350,000        470
    Up to 450,000        500
    Up to 500,000        550
    Over 500,00 by arrangement

    Fees shown do not include a 50 admin fee

    Re-inspection Fee 55


  

   

|   (known by lender as Risk Charge

|   85.1% - 90%   || 7.00% / 1000
|   90.1% - 95%   || 8.50% / 1000

|   Premium can be added over 95% upto 98% LTV
|   Min Premium - 50
|   IPT not applicable


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: No
    Equity Release           ||: No
    Premium Funder           ||: No
    Self Build               ||: Individuals
    Shared Ownership         ||: No
    Top Ups                  ||: No
    Further Advances         ||: Yes
    ERP Refund/Waiver        ||: Yes
    Maximum Term             ||: 75% plus - 70 years
                             ||| 75% less - no max
    Reference Fee            ||: 25

    A 30 bank transfer fee will be charged on all cases