Affordability calculator Gen H Pro log in
Application β All guides
A - Z of Application criteria
Deposit sources
Direct Debits
Early repayment charges
Expanded higher LTV criteria (95% LTV)
Interest
Loan to income multiples
Loan purpose
Loan size
Location
Maximum LTV
Mortgage Term
Offer validity
Overpayments
Payment holidays
Porting
Rate switches
Remortgage & Additional Borrowing
Repayment methods
Customer β All guides
Adverse Credit
Age
Applicants
Asylum Seekers
Boosters
Commitments & Expenditure
Customer Verification
Dependants
Expat
First-Time Buyer
Home Movers
Non UK Nationals
Overseas applicants
Owners
Retirement
Students
Vulnerable Customers
Income and employment β All guides
A - Z of Income types
Benefit income
Contract workers
Employed
Foreign currency income
Holiday Lets
Minimum incomes
Other income types
Parental Leave
Pay increases
Pension
Piecework
Rental income
Retirement income
Self Employed
Stipend Income
Property β All guides
A - Z of Property types
A - Z of Purchasing schemes
Bedroom count
Construction types
Current value
Discounted purchase price
Flood Risk
Help to Buy
Leasehold
New builds
New Build; Incentives & Part Exchange
Property Charges
Property values
Retentions
Tenure types
Valuations
Packaging guide β All guides
Employed income
Investment income
Maintenance income
Parental Leave
Rental income
Self-employed income
Sole traders income
Address verification
Additional support
Identification
Miscellaneous
Occupierβs consent
Proof of deposit
Retirement plans and pension
Completions
Conveyancing
ILA
Privacy notice
Uninhabitable properties
No
For a property to be considered as being acceptable security for mortgage lending it must be structurally sound and secure, easy to appraise and immediately habitable as a residential property.
The definition of habitable requires the property to be capable of being lived in, in relative comfort:
- Be wind and weather tight.
- Be plastered out
- Have all services functioning and connected, and a kitchen with:
- Functioning hot and cold-water supply to a sink
- Adequate food preparation and storage facilities
- Have a functioning bathroom with bath or shower and WC and
- The inspecting surveyor has not commented that the property in its current condition is deemed uninhabitable.