Adviser's Own Mortgage Application
Will we accept an Application from the Broker for their own Mortgage Application (either in a single or joint names)?
Age Gap Between Applicants
Are we happy with an "age gap" between applicants which will see one earned income cease before the end of the term of the mortgage?
Applicant living in Tied Accommodation
Will we consider an application where the applicant is currently living in Tied Accommodation and will continue to do so on completion of the mortgage?
Applicant with a Power of Attorney
Will we accept an application from a person who has been appointed with a Power of Attorney to act on the applicant's behalf?
Applications from Property Developers
Will we consider an application from an applicant whose occupation is declared as, or whose main income is derived from being a Property Developer? If so, what is the policy on this?
Commitment to Mortgage Charter
Have we agreed to all Commitments outlined in The Mortgage Charter?
Convictions
Will we consider a case from an applicant who has a Conviction?
Criminal Record
Will we consider an application from someone with a Criminal Record?
Execution Only
Will we accept an application on an Execution Only basis? If so, what is the policy on this?
Existing Borrowers
What is our policy regarding Existing Borrowers? For example, are they permitted to port in certain cases? Can they continue on Interest Only in cases where policy has otherwise changed?
First Time Buyers
Do we accept applications from First Time Buyers? What is our definition of a First Time Buyer?
Guarantors
Are Guarantors acceptable to us?
Inherited Properties
Will we consider an application to mortgage a property that has been Inherited?
Joint Borrower Sole Proprietor
Will we consider an application from joint borrowers where only one will be the legal proprietor / owner?
Lending to Trustees
Will we consider an application from either a Trust or Trustees?
Married Couple Application in One/Single Name
Will we consider an application from a sole applicant who is either married, in a civil partnership or common law partners?
Maximum Age at Application
What is the Maximum Age acceptable by us at the point at which the application is submitted?
Maximum Age at End of Term
What is the Maximum Age acceptable by us at the End of the Mortgage Term?
Maximum Number of Applicants
What is the Maximum Number of Applicants that we will consider per application?
Minimum Age at Application
What is the Minimum Age acceptable by us at the point at which the application is submitted?
Minimum Age of Second Applicant
What is the minimum age of the Second Applicant that is acceptable to us?
Mortgage Prisoners
Do you offer specific products / accept applications from borrowers classified by the FCA as mortgage prisoners?
Mortgagee not residing in the property
Will we, the Lender accept a mortgagor not residing in the property to also be on the deeds? Therefore the applicant will be on both the mortgage and the deeds but live elsewhere, if so what is the policy on this and how will affordability be assessed?
Non UK Tax Payer
Will we consider an application from someone who is not currently paying UK Tax?
Previously a BTL Remortgage to Personal Residential
Will we accept a Residential re-mortgage application where the property is currently owned as a Buy to Let, but the owner now wishes to live in it themselves?
Property / Investment Clubs
Will we accept applications for Properties that are being Purchased through a Property/Investment Club?
Unencumbered Properties
Will we consider an Application to Mortgage a property that is Unencumbered? I.e. is the Application treated as a Remortgage? And if so, are Free Legals available?
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