Key criteria at a glance

• We’ll consider most types of property – just ask
• We can lend up to 90% on new build houses and up to 80% on new build flats
• Our lending is based on income and affordability
• We have a range of products available up to 90% LTV on purchases up to £750k
• We have a range of products for first time buyers including up to 95% LTV
• We’ll consider mixing different types of products – like fixed and offset – on a single application with only one
arrangement fee payable.

Who can apply and what income evidence will they need?

• Employed and self-employed individuals
• Directors with 25% shareholding or less are treated as employed, so we simply need to see two payslips
• Directors with more than 25% shareholding – lending is based on net profit before tax and director’s remuneration
averaged over three years
• Sole Traders/Partnerships – share of Net Profit over three years
• Where self-employed individuals have two consecutive falls in income, we will base our assessment on the most
recent year
• Contractors –we’ll gross the 12 month average contract rate by 46 weeks

Interest Only

• Up to £1,500,000
• We allow a wide range of repayment vehicles

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Mortgages for first time buyers

• Up to 95% LTV
• Up to £500k
• We will consider any applicant who has not had a mortgage in the last 12 months as a first time buyer.

Get in touch

New case enquiries or criteria – 0800 678 3066 – option 2
Case Updates – 0800 678 3066 – option 1
www.clydesdalebankintermediaries.co.uk