| Purchasing scheme | Acceptable | Comments |
|---|---|---|
Buy for University | No | |
Buy to Let | No | We do not allow BTL applications, we only lend on properties for residential use |
Discounted Market Sale | Maybe | We will consider applications on the basis that there is no sign of distress or vulnerability |
Forces Help to Buy | Yes | Income Boosters and Deposit Booster cannot be used in conjunction with Help to Buy |
Help To Buy | Yes | Find out more here
Income Boosters and Deposit Booster cannot be used in conjunction with Help to Buy |
Help To Buy Re-mortgage | Maybe | We accept applications in England and Wales only.
We will allow capital raising to purchase a further share in the property subject to meeting criteria.
Income Boosters and Deposit Booster cannot be used in conjunction with Help to Buy |
Let to Buy | Maybe | Let To Buy applications are acceptable as long as the existing residential mortgage is changed to a BTL mortgage. We will need to see a copy of the BTL mortgage offer BEFORE our offer is issued. The BTL must be drawn down before Gen H completes on the mortgage. We will not accept any consents to let. |
Rent to Buy | No | |
Right to Acquire | No | |
Right to Buy | No | |
Shared Equity | No | We do not lend on any type of shared equity scheme other than Help To Buy & Forces Help To Buy |
Shared Ownership | No | We do not lend on any type of shared ownership scheme either as a purchase or a re-mortgage |
Starter Home Scheme | No | |
Voluntary Right to Buy | No | |
LIFT Scheme | No | |
Part Exchange | No | We do not lend on any type of shared ownership scheme either as a purchase or a re-mortgage |