Employed Applicants     Income verification via:
   <=85% LTV and           latest personal bank statement, OR latest payslip, 
   <=500k		   OR latest P60

   Employed Applicants     The latest 3 months personal bank 
   >85% LTV or 		   statements PLUS,If salary not mandated 
   >500K                  the latest payslip, OR P60 OR employers reference.

   Self employed      	   The latest 3 months personal bank statements PLUS
   applicants 		   The latest 3 months business bank statements OR
   <=85% LTV and           The latest set of finalised accounts* OR 
   <=500K            	   The latest Tax Assesment forms** OR
			   An Accountants certification of key data the
                           provided in the application form

   Self Employed 	   The latest 3 months personal bank statements PLUS
   applicants      	   The latest 3 months business bank statements
   >85% LTV or             AND the last 2 years finalised accounts* OR
   >500K                  the last 2 years tax assessments**.

   Non working applicant   The latest 3 months personal bank statement
   Other forms of income 
   relied on 


  Notes: *Where the latest accounts are more than 12 months old, then
  confirmation of performance, in the intervening period should be 
  obtained from an independent source eg accountant or auditor.

  **Tax Assessment forms(this option is for sole traders only). We'll
  require the applicants last 2 years self-employment Tax Returns and 
  Inland Revenue Acceptance forms.


  

   

     Not Available


  

   

    UK Tax Payers         ||: Compulsory
    Arrears Outstanding   ||: No
    Arrears Settled       ||: May be considered
    CCJ's Outstanding     ||: No
    CCJ's Satisfied       ||: May be considered
    Bankruptcy            ||: No - unless discharged for 3 or more years.
    Ex-Patriates          ||: Yes - See MISC
    Diplomatic Immunity   ||: Yes
    Debt History          ||: Refer
    Guarantors            ||: Yes - See MISC
    Multiple Applications ||: No

LIFE COVER REQUIREMENTS
    Pension  |: Personal  - 100% Tax Free Cash at 7% Growth Rate
             || Executive Plan - Mortgage not to exceed 35% of 
             || projected fund at retirement
             || Company Pension - Acceptable
    Endowment|: Maximum Growth Rate 6%
    PEP/ISA  |: Maximum Growth Rate 7%

    Most major Life Co's considered


  

   

    No fee is charged if lenders Building Insurance is not taken

    TENURE
    Freehold House / Flat 
    Feuhold House / Flat (Scotland)
    Flying Freehold (only if shares tunnel entrance)
    Leasehold House / Flat if more than 60 years outstanding on 
    lease (or 30 more left to run after scheduled repayment)

    TYPES OF PROPERTY NOT ACCEPTABLE
    Properties listed under Housing Defects Act
    Steel Clad houses
    System Built concrete construction
    Prefabricated/(pre) reinforced/poured or shuttered concrete 
    construction
    Easi-form construction (except by Laing from 1945 onwards)
    Mundic block property
    Properties built on contaminated land
    Timber Framed property with cavity wall insulation unless 
    installed during construction
    Flats (on any level) in multi storey type property i.e.in 
    excess of five storeys unless the property is predominately in 
    private ownership 
    Properties affected by agricultural restrictions 
  

   
    Multi-ownership properties
    Shared equity/ownership properties
    Freehold Flats in England & Wales above 95%, Negative Equity.

    TYPES OF PROPERTY ACCEPTABLE, SUBJECT TO TERMS OF VALUATION 
    REPORT AND BUILDINGS INSURANCE
    No fines construction
    Steel Framed houses
    Flat over or immediately alongside business premises as change 
    of business use could affect saleability. Normally restricted 
    to a max of 95% LTV 
    100% timber construction
    Propeties containing high alumina cement
    Properties near contaminated land
    Electricity pylons close to properties - ltvs normally 
    restricted to a maximum of 95%
    Right to Buy Mortgage Schemes

    LOCATION
    England (inc Isle of Wight), Wales, Scotland, Scottish Isles,
    Northern Ireland


  

   
     
~    Valuation fees - cheque should be made payable to the Royal 
~    Bank of Scotland and submitted along with the mortgage 
~    application 

~    The survey is for the Banks purposes alone

     Standard Valuation
~    Purchase Price/value   Valuation Report (Inc VAT + Admin fee)
     
     Up to 50,000	     190
      50,001 - 100,000     230
     100,001 - 150,000     255
     150,001 - 200,000     290
     200,001 - 250,000     320
     250,001 - 300,000     370
     300,001 - 350,000     390
     350,001 - 400,000     415
     400,001 - 500,000     480
     500,001 - 600,000     580
     600,001 - 700,000     640
     700,001 - 800,000     700
     800,001 - 900,000     760
     900,001 - 1,000,000   820


     Homebuyer's Report
     Purchase Price/value   Valuation Report (Inc VAT + Admin fee)     

     Upto 50,000           315
      50,001 - 100,000     390
     100,001 - 150,000     445
     150,001 - 200,000     505
     200,001 - 250,000     555
     250,001 - 300,000     630
     300,001 - 350,000     675
     350,001 - 400,000     715
     400,001 - 500,000     775
     500,001 - 600,000     880
     600,001 - 700,000     940
     700,001 - 800,000     1000
     800,001 - 900,000     1060
     900,001 - 1,000,000   1120

     Re-Inspection Fee 55
     The fee quoted for the Home Buyers Report includes the 
     Valuation Report


  

   

|   Premium is payable on loans in excess of 90% of the purchase 
|   price or valuation, if lower, of the property. The premium will 
|   be charged on the amount of the loan (inclusive of any legal & 
|   valuation fees) above 75% of the purchase price or valuation, 
|   if lower.

|    0    -  90%   ||Nil
|   90.01 -  95%   ||8.95% 
|   95.01 - 100%   ||12.00% 

|   The full amount of the MIP can be added to the loan if
|   required 
|   No additional penalties will be applied to loans that produce
|   a Negative Equity position after the MIP is added
|   Full Life Cover will be required for the total amount of
|   the Advance to include MIP in cases where it is added