We have made some changes to our lending policy. A summary of some of the changes are shown below:
| Current criteria | New criteria as of 22 July 2019 | |
| Lending in Northern Ireland | Available on J1 only | Available on J1 and J2 |
| Maximum loan size | £800,000 England | £800,000 England, Wales & Mainland Scotland |
| £250,000 Scotland, Wales and Northern Ireland | £250,000 Northern Ireland | |
| Leasehold term | Subject to 120 years remaining | Subject to 120 yrs remaining and refer if between 100-119 yrs (subject to reduced LTV) |
| Age restricted properties | Not acceptable | Refer subject to conditions (see Acceptable Properties Guide) and subject to reduced LTV |
| Annexes | Not acceptable | Refer if occupied by relatives or carers |
| Flat roofs | Acceptable up to 25% flat roof, refer if between 26%-99% flat roof and not acceptable if 100% | Acceptable up to 30% flat roof and refer if over 30% flat roof |
| Acres | Up to three acres subject to no agricultural restrictions | Up to five acres subject to no agricultural restrictions |
For a full overview of our Acceptable Properties, please see our revised Acceptable Properties Guide.
Just a click or call away
If you have any further questions on the information above or would like to discuss a specific case, please do contact your dedicated account manager on their usual number. Alternatively, our sales support team are ready to help: you can reach them on 0345 302 2287 or by email.
