Employed |: P60, payslips and employers refence if appropriate
    Self Emp |: 3 yrs or 2 yrs + projection if business been in 
             || existence less than 3 yrs
    All      |: Valuation Report
             || Minimum employment period for employed 3 months
             || Minium employment period for self employed 1 yrs
            
   


  

   

     Refinancing - Max 90%
     Home Improvements - Max 95%
     Marital Settlement - Max 90%
     Dependents Home -  Max 90%
     Self Build Home - Depends on reason, normal remortgage criteria 
     applies, property must be fully complete
     Education Fees - Max 90% 
     Holiday - Max 90%
     Holiday Home - Max 90%
     Investment - Refer to lender
     Property to Let - Refer to Lender
     Purchase a Car, Boat, Caravan - Max 90%
     Second Home - Pied a terre upto 75% (Where a pied a terre is defined
     as a second home in the city for use during the week as a base for
     work)
     Medical Expenses - Max 90%
     Working Capital - Max 90%
     Debt Consolidation - refer to lender




  

   

    UK Tax Payers         ||: Not compulsory
    Arrears Outstanding   ||: Max 2 mths, should have been cleared
    Arrears Settled       ||: Yes
    CCJ's Outstanding     ||: No
    CCJ's Satisfied       ||: 500, max 2, registered over 12 mths ago
                          ||| and satisifedwithin 6 months or registration
    Retired Applicants    ||: Considered upto 100% LTV as long as the
                          ||| term finishes by the 70th birthday of the
                          ||| highest income earner
    Past Bankruptcy       ||: Must have been dicharged over 12 months ago
    Ex-Patriates          ||: Refer to Lender
    Foreign Nationals     ||: Refer to Lender
    DSS Payments          ||: Refer to Lender
    Diplomatic Immunity   ||: No
    Debt History          ||: Yes
    Guarantors            ||: No
    Max age on redemption ||: As long as the term finishes by the 70th 
                          ||| birthday of the highest income earner
    Interview Required    ||: If deemed appropriate
    Multiple Applications ||: Max 4 applicants 
    Overtime & Bonus      ||: 50% of regular 
    Commission            ||: 80% if proven over 2 years with same 
                              emp
    Child Tax credit,     ||: 100%
    Working Tax Credit
    Child Benefit  
    Rent Allowance        ||: 100% 
    Second Job            ||: 50% max subject to satisfactory
                          ||| confirmation
    Large Town Allowance  ||: 100%
 
  
       
    Regular Overtime - Bonus - 50% subject to accumertive figure for 
    both not exceeding basic Income

LIFE COVER REQUIREMENTS
    Repayment|: No compulsory requirements
    Int Only |: A suitable vehicle is required upto 95% LTV.If LTV
             || is less than 75% Then Sale of property.
    Pension  |: Personal & Executive accepted at a growth rate of
             || 10%. Term Assurance must be deposited
    PEP      |: Maximum acceptable growth rate is 9%. Term 
             || Assurance must be deposited (if sold)

    Recommended life cover is 100% of the loan amount
    Most major Life Companies accepted


  

   
    PURCHASE
    Main Residence    
    Second Home - House/Flat - refer only maximum LTV 75% (Pied a Terre)
    Will only lend on a second home which is a pied a terre.
  
    TENURE
    Freehold House
    Leasehold House / Flat
    Feuhold House / Flat
    Flying Freehold House 

    CONSTRUCTION
    Conventional - House/Flat
    Brick on Wood - House/Flat
    Concrete - Refer to Lender
    Steel Frame - refer to lender
    Timber Frame House - House/Flat
    Thatched House
    Wholly Timber framed Flat/house

    PROPERTY
    Flat upto 6th floor (with / without a lift)
    Flat over shop self contained - refer to lender

    OTHER
    Studio House / Flat
    Single Bedroom
    Upto and over 6 bedrooms -
    Converted Flat
    Ex Council House / Flat
    Back to Back
    Self Build - Maximum LTV 75%
    NHBC required if property less than 10 years old

LOCATION
    England, Wales, Scotland, Scottish Isles, Isle of Wight 
    and Northern Ireland



  

   

~   Purchase Price      Fee      
~   (not exceeding)  (inc VAT)   
~                                   
~
    HouseBuyer Report Fees
    Purchase Price      Fee
    (not exceeding)  (inc.VAT) 
                                 
       100000         405.00
       150000         440.00   
       200000         490.00   
       250000         540.00   
       300000         600.00
       350000         650.00
       400000         700.00
       450000         750.00
       500000         800.00
       550000         850.00
       600000         900.00
       650000         950.00
       700000         1000.00
       750000         1050.00
       800000	      1100.00
       850000         1150.00
       900000         1200.00
       950000         1250.00
       1000000        1300.00
       1200000        1500.00
       1400000        1700.00
       1600000        1900.00
       1800000        2100.00
       2000000        2300.00
       2200000        2500.00
       2400000        2700.00
       2600000        2900.00
       2800000        3100.00
       3000000        3300.00
       3500000        3800.00
       4000000        4300.00
       4500000        4800.00
       5000000        5300.00
    Re-Inspection Fee - Refer
    Further Advance Fee - Refer
    Fees displayed include a 90 admin fee


  

   

|   (Known to lender as Mortgage Risk Payment)
|               75.00 -  80%   ||5.00%  
|               80.01 -  85%   ||6.00%
|               85.01 -  90%   ||7.00% 
|               90.01 -  95%   ||8.50%
|               95.01 - 100%   ||12.00%

|   Min Premium - 250
|   Premium can be added to loan provided income can cover the
|   loan amount plus the MIGP
|   Insurers - Yorksafe


  

   

    Bridging Finance         ||: No
    Drawdown Facility        ||: No
    Equity Release           ||: No
    Group Build              ||: No
    Top Ups                  ||: No
    Further Advance          ||: Yes
    Negative Equity          ||: No
    Secured Loans            ||: No
    Semi / Full Commercial   ||: No
    Second Charges           ||: Yes
    Telegraphic Transfer     ||: 30

	                                   Below 75% LTV			
Income band	     High credit score	Medium credit score  Low credit score
Less than 15,000	    3x			3x		   3x
15,000 - 24,999	    3.75x		3.5x		   3.25x
25,000 - 49999            4x			3.75x		   3.5x	
50000+                     4.25x               4x
Second applicant			Refer to Matrix above			
Third and Fourth applicants 1x 


Income Multiples for 5 Year Fixed and Over
                 upto 75%LTV           75.00-95%             95.001% +
 0-14999          3x                   3x                     3x
 15000-29999      4.5x                 4.25x                  4.25x
 30000 +           5x                   5x                     4.5x  


100% Products
For all of the 100% products,applicants will be considered even though
they are not on the voters roll.Normal proof of residency will be requested.

For All Products
Regarding existing mortgages not being repaid,existing mortgage balances
will not be deducted from the existing mortgage balances from the 
maximum borrowing figure if sales particulars are received which prove
that the property is being marketed and providing the loan to value
does not exceed 75%.

Income criteria for Prime products

- Regular maintenance payments being made with 12c months or more left to run.
- Outstanding mortgage balances.
- Annual cost of loans with 12 months or more to run.
- 36% of outstanding credit card balances.
- Maximum loan sizw 3 million.