| Application criteria | Acceptable | Comments |
|---|---|---|
Absent Freeholder | No | |
Additional lending / borrowing | Maybe | Additional borrowing maybe permitted outside of a fixed rate period |
Remortgage with Additional Borrowing / Capital raising | Yes | We only allow capital raising in conjunction with a re-mortgage. Please refer to the Remortgage & Additional Borrowing |
Debt consolidation | Yes | We only allow capital raising for debt consolidation in conjunction with a re-mortgage. Please refer to the Remortgage & Additional Borrowing |
Guarantors | No | We do not allow guarantors, we do allow income boosters. Please refer to the Boosters |
Interest only mortgages | No | We do not offer any type of interest only mortgage. All our mortgages are capital and interest |
Unencumbered Properties | Yes | We allow capital raising on unencumbered properties that have been owned for a minimum of 6 months and are registered at land registry, for the purpose of Buying Out a Partner/s Only. Refer to Remortgage & Additional Borrowing |