For new customers our service is temporarily restricted so that we are only able to consider finance with a minimum value of £500,000 and a maximum finance to value of 65%.
As with any property financing, the decision to fund the purchase of the property will be based on our belief in your ability to meet your payment obligations. In reaching this decision, you will be required to provide certain information, some of which is contained in the application form. In addition, the following will also be considered:
- Your income and expenditure
- Rental income anticipated for Buy To Let cases
- How you have handled your financial affairs in the past
- Information received about your financial affairs from, for example, credit reference agencies and any other "referees" which you may provide
- Credit assessment techniques which take into account all your personal details and establish your creditworthiness
- Your age
- The nature of the property and its condition
