I am writing to advise that the following changes will come into effect from 1^st September 2017:

• Booking Fee – The non-refundable booking fee will be increased from £100 to £125 on all products
• Own Insurance Fee – This is currently £25 but the fee will be removed completely
• Revaluation Fee (Further Advances) – This will increase from £80 to £100
• Re-inspection Fee – This will also increase from £80 to £100
• Interest only (full or part/part)
  • The minimum income (sole or joint) will increase to £35,000
  • The maximum age at the end of the term will be 80
• Pension income – Where pension income is to be used, if it exceeds 50% of the total income then the maximum LTV will be 70%
• Leasehold Houses – Such houses built in or after 2012 will no longer be acceptable