Untitled

Application criteriaAcceptableComments
Absent Freeholder
No
Additional lending/borrowing
No
No additional borrowing is currently allowed on existing Generation Home mortgages.
Capital raising
Yes
We only allow capital raising in conjunction with a re-mortgage. Please refer to the ‘Re-mortgage & Capital raising’ page.
Debt consolidation
Yes
‘Refer to Maximum LTV page
Guarantors
No
We do not allow guarantors, we do allow income boosters - please refer to other criteria
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 Maximum LTV page for full details