On Wednesday 13 April, we made some changes to our lending criteria:

  • County Court Judgement (CCJ) – maximum amount is now capped at £10,000.
  • Leasehold term must now be a minimum of 120 years.
  • Properties in the Scottish Islands will no longer be accepted.
  • Non-UK nationals – has been updated to include those with ‘right to abode’ status as well as indefinite leave to remain.
  • Properties with private drainage can now be considered where the septic tank is shared with up to four properties.

For more information, please see our Lending Criteria Guide.

When will these changes take effect?

These changes were implemented on Wednesday 13 April 2022. All new quotes from this date will be on the new terms.

Any existing applications on the current quotes must be received before close of business on Wednesday 27 April. Applications received after this date will be on the new terms.

Contact us to find out more