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FOR THE USE OF MORTGAGE INTERMEDIARIES & OTHER PROFESSIONALS ONLY
Right to buy
Loans may be accepted up to 100% of the discounted purchase price, provided that they do not exceed 90% of the market value.
Where Home Improvements are required on a Remortgage application we require sight of estimates or invoices from the company carrying out the work. The figure on the estimate or invoice must be the same or greater than the additional borrowing being requested.
Additional borrowing is not permitted on House Purchase applications and the loan amount must be restricted to no greater than the discounted purchase price.