New residential mortgage criteria and rates

Minor credit blips may push certain borrowers outside the ‘norms’ of the mainstream lenders, but we believe they are still very much credit-worthy, so we have the overall product offering, criteria and service to ensure they get the mortgages they deserve.

There are a growing number of borrowers who might best be described as ‘mainstream misses’ – essentially clients who, for any number of reasons, don’t meet the criteria requirements of the larger, high-street lenders. So many borrowers may have had ‘life happen’ to them, yet they actually show good affordability and strong mortgage repayment history, and we believe they should still have the opportunity to buy or remortgage if possible.

Try our affordability calculator and make someone happy today!

Our residential 2 and 5 year fixed rates are aimed firmly at these borrowers and, as long as they don’t have mortgage arrears in the last 36 months, the new residential product range (28 November 2019) should give some great opportunities to mortgage advisers and their clients.

What have we changed?

  • Increased maximum loan sizes
  • Now up to 90% LTV
  • Bank statements no longer needed in most cases
  • And more...

View our enhanced range

If you have clients who have these types of credit blips, contact your regional sales manager below, who will support you and your client.

Speak to your BDM

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