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FOR THE USE OF MORTGAGE INTERMEDIARIES & OTHER PROFESSIONALS ONLY

FOR THE USE OF MORTGAGE INTERMEDIARIES & OTHER PROFESSIONALS ONLY

Residential criteria

Find out all about our lending criteria for new clients.

Here is an overview of our lending criteria for new Residential mortgage applicants. Whilst we aim to cover all relevant information, this criteria does not detail all our requirements and for anything you are unable to find, contact your BDM, or call our Telephone Business Development Managers via your regional case management team , (option 3).

Latest criteria changes

View our latest criteria changes

Last updated 01 February 2024

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Most popular criteria

Interest-only mortgages

Income Treatment

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covenants","Url":"/criteria/residential-criteria/occupancy-restricted-property/#Section106planningagreementsrestrictivecovenants","Hashtag":"Section106planningagreementsrestrictivecovenants","StartingLetter":"S"},{"Heading":"Resale Price Covenant Schemes","Url":"/criteria/residential-criteria/occupancy-restricted-property/#ResalePriceCovenantSchemes","Hashtag":"ResalePriceCovenantSchemes","StartingLetter":"R"}]},{"Heading":"Occupancy","Url":"/criteria/residential-criteria/occupancy/","Category":"Property","StartingLetter":"O","Subjects":[{"Heading":"Additional occupants","Url":"/criteria/residential-criteria/occupancy/#Additionaloccupants","Hashtag":"Additionaloccupants","StartingLetter":"A"},{"Heading":"Tenants","Url":"/criteria/residential-criteria/occupancy/#Tenants","Hashtag":"Tenants","StartingLetter":"T"},{"Heading":"Lodgers","Url":"/criteria/residential-criteria/occupancy/#Lodgers","Hashtag":"Lodgers","StartingLetter":"L"},{"Heading":"Applicant not resident in property","Url":"/criteria/residential-criteria/occupancy/#Applicantnotresidentinproperty","Hashtag":"Applicantnotresidentinproperty","StartingLetter":"A"}]},{"Heading":"Number of applicants","Url":"/criteria/residential-criteria/number-of-applicants/","Category":"Mortgage","StartingLetter":"N","Subjects":[]},{"Heading":"Non simultaneous sale (outstanding mortgage)","Url":"/criteria/residential-criteria/non-simultaneous-sale/","Category":"Property","StartingLetter":"N","Subjects":[]},{"Heading":"New build properties","Url":"/criteria/residential-criteria/new-build-properties/","Category":"Property","StartingLetter":"N","Subjects":[{"Heading":"New build cash incentives","Url":"/criteria/residential-criteria/new-build-properties/#Newbuildcashincentives","Hashtag":"Newbuildcashincentives","StartingLetter":"N"},{"Heading":"Acceptable warranty 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contracts","Url":"/criteria/residential-criteria/contractors/#Employmentcontracts","Hashtag":"Employmentcontracts","StartingLetter":"E"},{"Heading":"Subcontractors, fixed/short term contracts, agency workers and umbrella companies","Url":"/criteria/residential-criteria/contractors/#Subcontractorsfixedshorttermcontractsandagencyworkers","Hashtag":"Subcontractorsfixedshorttermcontractsandagencyworkers","StartingLetter":"S"},{"Heading":"Construction Industry Scheme (CIS) Contractors","Url":"/criteria/residential-criteria/contractors/#ConstructionIndustrySchemeCISContractors","Hashtag":"ConstructionIndustrySchemeCISContractors","StartingLetter":"C"},{"Heading":"Probationary contracts","Url":"/criteria/residential-criteria/contractors/#Probationarycontracts","Hashtag":"Probationarycontracts","StartingLetter":"P"},{"Heading":"Zero hours contracts","Url":"/criteria/residential-criteria/contractors/#Zerohourscontracts","Hashtag":"Zerohourscontracts","StartingLetter":"Z"},{"Heading":"Day Rate Contractors","Url":"/criteria/residential-criteria/contractors/#DayRateContractors","Hashtag":"DayRateContractors","StartingLetter":"D"}]},{"Heading":"Concessionary Purchase","Url":"/criteria/residential-criteria/concessionary-purchase/","Category":"Property","StartingLetter":"C","Subjects":[]},{"Heading":"Future Changes","Url":"/criteria/residential-criteria/future-changes/","Category":null,"StartingLetter":"F","Subjects":[]},{"Heading":"Dependents","Url":"/criteria/residential-criteria/dependents/","Category":"Dependents","StartingLetter":"D","Subjects":[]},{"Heading":"Background properties owned by the applicant","Url":"/criteria/residential-criteria/background-properties/","Category":"Property","StartingLetter":"B","Subjects":[{"Heading":"Properties that are not rented out","Url":"/criteria/residential-criteria/background-properties/#Propertiesthatarenotrentedout","Hashtag":"Propertiesthatarenotrentedout","StartingLetter":"P"},{"Heading":"Existing property to be rented out","Url":"/criteria/residential-criteria/background-properties/#Existingpropertytoberentedout","Hashtag":"Existingpropertytoberentedout","StartingLetter":"E"},{"Heading":"Other Buy-to-Let mortgaged properties owned","Url":"/criteria/residential-criteria/background-properties/#OtherBuy-to-Letmortgagedpropertiesowned","Hashtag":"OtherBuy-to-Letmortgagedpropertiesowned","StartingLetter":"O"},{"Heading":"Holiday Lets","Url":"/criteria/residential-criteria/background-properties/#HolidayLets","Hashtag":"HolidayLets","StartingLetter":"H"}]},{"Heading":"Adverse credit","Url":"/criteria/residential-criteria/adverse-credit/","Category":null,"StartingLetter":"A","Subjects":[{"Heading":"CCJs/defaults","Url":"/criteria/residential-criteria/adverse-credit/#CCJsdefaults","Hashtag":"CCJsdefaults","StartingLetter":"C"},{"Heading":"Arrears","Url":"/criteria/residential-criteria/adverse-credit/#Arrears","Hashtag":"Arrears","StartingLetter":"A"},{"Heading":"Bankruptcy / IVA / Debt Relief 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