Employed |: Single Pay-slip only 
    Self Emp |: 2 yrs audited accounts  
    FTB      |: As above      
    All      |: Previous Lender - Reference not requested if last 
             || annual statement. 
             || Credit Reference (CCN primarily, Equifax as back up)
             || Valuation / product fees where necessary
            
    In order to comply with the FSA Anti-Money Laundering regulation,
    lender requires documents to provide evidence of your client's name 
    and address. What you need to send:

    1. Verification of name identity (a legible certified copy) 
    2. Verification of address (a legible certified copy)
    3. Identification Verification Certificate (IVC) for online cases
       or completion of the Anti-Money Laundering information section
       for paper applications.

    How do you certify a document?

    1. Photocopy the document
    2. Write on the photocopy "certified copy of true original"
    3. Where the document contacins a photograph and you have seen the client, 
       check it's a good likeness and write "Good likeness to the person"
       on the document
    4. Sign the photocopy and write underneath the signature:
       Intermediary name
       Company / firm
       Date

    All applicants are Credit Scored

    Where clients meet lenders Credit Score the following multiples apply

    The income multiples should be as follows

High level should show as 4.2 x Single or 4.2 x Joint (loans <89.9% LTV) and
3.6 x Single or 3.6 x Joint (loans equal to or above 90% LTV).

Lower level should show the following:


Income
<20,000
	<75%                  3.6 x Single  or  3.0 x Joint
	<89.9%                3.3 x Single  or  2.8 x Joint
	>90%                  3.0 x Single  or  2.5 x Joint

>20,0001 but
<25,000
	<75%                  4.2 x Single  or  3.4 x Joint
	<89.9%                3.8 x Single  or  3.0 x Joint
	>90%                  3.4 x Single  or  2.8 x Joint

>25,0001 but
<35,000
	<75%                  4.2 x Single  or  3.7 x Joint
	<89.9%                4.1 x Single  or  3.4 x Joint
	>90%                  3.6 x Single  or  3.0 x Joint

>35,0001 but
<60,000
	<75%                 4.2 x Single  or  4.2 x Joint
	<89.9%               4.2 x Single  or  4.2 x Joint
	>90%                 3.6 x Single  or  3.6 x Joint

>60,000
	<75%                 4.5 x Single  or  4.5 x Joint
	<89.9%               4.5 x Single  or  4.5 x Joint
	>90%                 3.6 x Single  or  3.6 x Joint


  

   

    Applicants to have had a mortgage with their present Lender for at
    least 6 months
     
    ACCEPTABLE PURPOSES 
    Home Improvements - 95% LTV 
    Marital Settlement - 95% ( 85% Capital Raising)
    Re-Finance ( 85% Capital Raising)
    Dependents Home - 75% LTV
    Education Fees ( 85% Capital Raising)
    Holiday ( 85% Capital Raising)
    Holiday Home (85% Capital Raising)
    Property to Let - 75%  LTV - Exclusive Products available
                       contact local Business Development Unit
    Purchase car, boat, caravan etc ( 85% Capital Raising)
    Second Home - 85% LTV
    Medical Expenses ( 85% Capital Raising)
    Business Borrowing - 85% LTV not available on flexi mortgage

    Capital raising on shared ownership remortgages is permitted in
    exceptional circumstances related to critical home repairs.  Please
    check with Abbey whether purpose of loan is acceptable.


  

   

    NON UK Tax Payers   ||: Considered
    Arrears Outstanding ||: Considered on individual basis - Refer
    Arrears Settled     ||: Considered on individual basis - Refer
    CCJ's Outstanding   ||: Refer to Lender 
    CCJ's Settled       ||: Considered on individual basis - Refer
    Bankruptcy          ||: 12 mths on and Discharge Certificate
    Foriegn Nationals   ||: Considered - Contact your Sales Consultant
    Ex Patriates        ||: Considered
    Interview Required  ||: No
    Guarantors          ||: Considered

    Overtime - Will consider 100% of guaranteed overtime. Regular 
    overtime is considered on an individual basis

LIFE COVER REQUIREMENTS
    Int Only |: No compulsory requirements. Repayment vehicle
             || for mortgages above 75% LTV
    Pension  |: Personal Pensions ONLY
             || 80% Tax Free Cash at 8% Growth Rate

    Major Life Companies acceptable


  

   

     No fee if lenders buildings insurance not taken

    PURCHASE
    Main residence
    Second Home (considered on a case by case basis - Upto 85% LTV 
    if secured on existing property, upto 95% if using new 
    property as security)
    Home for dependent - 75% LTV (considered on a case by case basis)
    Holiday Home - 85% LTV (considered on a case by case basis)
    Council RTB - 100% DPP, Open Market Value follows standard criteria

    TENURE
    Freehold House (Flats not considered)
    Leasehold House / Flat - Minimum lease of 55 years (England & Wales)
     or 99 years (Northern Ireland). There must be at least 30 years
     remaining on the lease at the expiry of the mortgage term.
    Feuhold House / Flat
    Flying Freehold - Unlikely to be considered

    CONSTRUCTION
    Coventional
    Brick on wood
    Concrete
    Steel frame
    Timber frame
    Wholly timber
    Thatched roof

    PROPERTY
    Flat over 7th floor considered (with / without a lift)    
    Flat over shop considered

    OTHER
    Converted Flat
    Ex Council House / Flat
    2 kitchens
    No inside WC
    No bathroom
    Back to back
    Less than 10 yrs old no NHBC only if other professional 
    qualification
    Shared Ownership

    LOCATION
    England, Wales, Scotland, Scottish Isles & Northern Ireland

    For lending in Isle of Man call Abbey International on 0845 054 4000

    For lending in France, Spain, Portugal or Italy call Abbey - Santander
    on 0207 839 5050


  

   

    Fees listed include a non refundable 90 set up fee
    Scottish Fees refer to Edinburgh or Glasgow Regional Office - as they 
    differ

~   Valuation                      
~   Purchase Price         Fee 
~
    Re-inspection fee 55

    HOMEVIEW (Fees listed apply to properties in England, Wales,
               Scotland & Northern Ireland)

    Report on condition
    Valuation               Fee
    Upto     -   50000     350
      50001 -  100000     400
     100001 -  150000     450
     150001 -  200000     500
     200001 -  250000     550
     250001 -  300000     600
     300001 -  400000     700
     400001 -  500000     800
     500001 -  600000     875
     600001 -  700000     950
     700001 -  800000     1000
     800001 -  900000     1050
     900001 - 1000000     1100
    1000000 +              Refer

    Conditions of Engagement and Limitations
    These are fully documented in the Valuation Services section of 
    A Straightforward guide to your Mortgage (MORT0007). They are the 
    terms and conditions between the applicant and the surveyor

    Important Information
    The terms and conditions applicable to Home View have changed. Before
    the customer signs the declaration form, please ensure your client has 
    received the correct literature for the product they are purchasing


  

   

     PLEASE CHECK ALL HLC's as rounding may cause a different calculation

|    (known to lender as Higher Loan to Value Fees)
|    No MIP charged on loan upto 89.90% (excluding Flexible) 
     Upto  89.9%               ||Nil
|          90.0% -  92.5%      ||7.25% / 1000
|          92.6% -  95.0%      ||8.00% / 1000


|   Premium will be added upto 100% LTV
|   IPT - Not applicable


  

   

    Bridging Finance  ||: No
    Drawdown Facility ||: Flexible Products only
    Equity Release    ||: Considered. Refer to Lender
    Premium Funder    ||: 85% LTV
    Self Build        ||: No
    Shared Ownership  ||: 25% minimum.  
    Top Ups           ||: Yes
    Further Advances  ||: Yes. 
    Maximum Term      ||: Endowment / Repayment 35 years
                      ||| Pension Linked 57 years
    CCJs/Arrears      ||: Yes
    IVA               ||: Yes
    Discharged-       ||: 
    Bankcrupt         ||: Yes, Considered
    FLEXIBLE MORTGAGE
    This means there is one credit facility, most of which will be used 
    for the purchase of the property and any remaining amount (available
    funds) will be available for use by your client(s) in the future. 
    Plus there is no need to offer Client(s) a cooling off period. Which
    increases the speed to mortgage completion. 
    With one account all overpayments and lump sum payments will 
    immediately reduce the mortgage loan and increase the available
    Funds - therefore making it easier for customers to utilise the 
    equity in their homes and access funds like a revolving credit
    facility.

    LARGER LOANS 
    All loans above 350,000 where LTV is greater than 75%
    All loans above 500,000 regardless of LTV

    MAXIMUM LOANS AMOUNTS
    Loans upto 250,000 max LTV 95%
    Loans above 250,000 to 1,000,000 max LTV 90%

    Loans considered on a cases by case basis please refer to 
    lender before commiting yourself and your client

    MULTIPLES DISPLAYED ARE MAXIMUMS FOR EACH GROUP - BREAKDOWN : -

    High Score
    Income equal to or less than 20,000  =  3.8 or 3.8 x joint
    Income 20,001 - 25,000 = 4.0 or 4.0 x joint
    Income 25,001 - 35,000 = 4.3 or 4.3 x joint
    Income 35,001 - 60,000 = 4.6 or 4.6 x joint
    Income more than 60,000 = 5.0 or 5.0 x joint
   
    Medium Score
    Income equal to or less than 20,000  =  3.6 or 3.1 x joint
    Income 20,001 - 25,000 = 3.8 or 3.3 x joint
    Income 25,001 - 35,000 = 4.0 or 3.5 x joint
    Income 35,001 - 60,000 = 4.3 or 3.8 x joint
    Income more than 60,000 = 4.7 or 4.2 x joint

    Low Score
    Income equal to or less than 20,000  =  3.5 or 2.8 x joint
    Income 20,001 - 25,000 = 3.6 or 2.8 x joint
    Income 25,001 - 35,000 = 3.7 or 3.0 x joint
    Income 35,001 - 60,000 = 3.8 or 3.6 x joint
    Income more than 60,000 = 4.0 or 3.6 x joint

    Capital Repayments of upto 10% of the Outstanding Balance
    per Calender Year can be made without penalty on all products
    Except Flexible and CAT - Unlimited overpayments
    New Borrowers in 1st Year - use Original Balance
    Existing Borrowers - use Balance at 1st January
 
    PORTABILITY
    Applicant would have to stay on the same rate during any benefit
    period otherwise penalties will be charged. If increased borrowing is
    being taken, the difference would have to be taken on another product.
    Refer individual circumstances to Lender. 
    
    REMORTGAGE SOLUTION

    All remortgage customers will either receive a free External
    Inspection Valuation (EIV) or where applicable, a Free Valuation for
    mortgage purpose (up to a maximum of 1,100). The surveyor will view
    view the property from the road or footpath to gain an estimate of the
    value. We don't provide the customer with copies of External
    Inspections. In certain circumstances, even when an EIV is applicable,
    we may need to arrange a full inspection, in these cases; the surveyor
    will contact the customer directly. Flexible Plus and Buy-to-Let 
    products will only receive a Valuation for Mortgage Purposes. We also
    arrange and pay for the cost of legal work involved in transferring 
    the mortgage, ensuring it will be undertaken professionally and 
    speedily. However, your client will be required to pay for any third 
    party fees above this limit if they apply (see below). Alternatively, 
    if your client decides to use thier own independent solicitor we will
    provide 250 cashback on completion - as a contribution towards legal
    costs. Your client will be asked to pay the following third party fees
    (if they apply). 
    For leasehold properties-the landlords registration fee for registering
    the mortgage with the landlord in accordance with the terms of the 
    lease.
    If the title to the property is unregistered-the additional land
    registry registration fee.
    If any additional work is required, which is not normally associated
    with a remortgage, then this will be at your clients own cost.
    Your client will be advised of the cost of additional work before
    any work is carried out.

    HOME BUYER SOLUTION

    All home buyer solution customers will receive a Free Valuation for
    Mortgage Purpose(up to a maximum of 1,100).
    We will provide 250 cashback on completion, as a contribution to
    legal costs.

    Additional legal costs involved in rectifying title defects, dealing
    with transfers of equity or any other legal matter not normally 
    associated with a remortgage

    To qualify your client must have had their mortgage with their 
    current lender for at least 6 months.
   
    If on or before 2-9-2007 the mortgage is repaid Lender will charge
    equivalent to the legal fees paid (max 187), unless a new mortgage
    is completed simultaneously with Lender. Your client will be advised 
    of the price charge on completion

    Alternatively, if your client decides to use a solicitor of 
    their own choice Lender will provide 250 cashback as a 
    contribution towards legal costs incurred. Cashback will be 
    paid to your client on completion of their remortgage. Lender
    will charge a fee of 250 if on or before 2-9-2007 the mortgage
    is repaid, unless a new mortgage is completed simultaneously with 
    us. 
    
    VALUATION BONUS - Only available in Scotland
    Initial valuation (max 95) refunded on completion for all products 
    for all Scottish cases requiring a valuation 

    FEES-Whether Booking fees or Arrangement,all fees are paid upfront
         unless specifically stated,

    FAST TRACK
    'Abbey's Fast Track application process (no proof of income required), 
    applies to loans up to 500K and under 75% LTV, provided applicant 
    falls into standard income multiples. 
    All Fast Track applications are subject to examination and further 
    verification.'

    The maximum amount Abbey can lend on residential properties varies depending
    on the Mortgage Product and Property/Loan Value.

    Our mortgage products have different limits up to 1m or no maximum.
    In addition to this product criteria, we would apply the following 
    lending rules:

Property Value			Loan				Max LTV

less than 263,000		less than 250,000		95%

263,000 - 556,000		250,000 - 500,000		90%

556,000 - 1m			500,000 - 850,000		85%

1m - 1.875m			850,000 - 1.5m		80%

1.875m - 3.330m		1.5m - 2.5m			75%

more than 3.330m		more than 2.5m		        70%