Magellan has improved criteria for buyers who need some flexibility with affordability.

With rates from just 2.99% we accept:

  • NEW – Loans up to £1m considered on Near Prime;
  • NEW – Up to 4 applicants;
  • Family gifted deposit and undervalue sales accepted;
  • Builder gifted deposit accepted;
  • Affordability calculation allows up to 40% debt to income;
  • Long term state benefits accepted;
  • Terms of up to 35 years to age 75;
  • Pension contributions and share save contributions added back into income;
  • Adverse credit accepted.
Find your local Regional Sales Manager here – for new or existing business, make our network of experienced managers your first contact point.

Alternatively, you can speak to one of our friendly and knowledgeable team at the mortgage desk about any of our mortgage products and services on: 0207 197 9424.