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

More from us

Industry views

We have teamed up with Mortgage Solutions to create a brokers’ guide to portfolio landlords.

Our news

The research – undertaken by BVA BDRC  carried out in March 2019 with the results based on 829 online interviews – shows that 77% of all landlords said either all, or more than half, of their rental properties were within a 50-mile radius of where they live, with a further 4% saying about half of their properties were within this locale.


Nationally, an equal proportion of landlords bought and sold property this summer. Rental profitability remains constant in Autumn of 2019; 84% of landlords report that they are still making a profit (Foundation Home Loans, BVA BVRC Q3 data).