Criteria enhancements – with immediate effect
Five new foreign currencies accepted including Saudi Riyal and Australian Dollar. Plus… flats up to seven storeys and the acceptance of non-court ordered maintenance.
What’s new in full?
NEW currencies
- Saudi Riyal
- Australian Dollar
- New Zealand Dollar
- Swedish Krona
- Danish Krone.
We’re now accepting these for resi, expat resi, regulated BTL, and regulated expat BTL. These join 11 existing currencies, meaning we’ll now accept 16 currencies in these lending areas.
There are no currency restrictions for BTL or holiday let (standard and expat).
Non-court ordered maintenance
We’ll now accept this, with 12 months of credits on bank statements.
Flats up to seven storeys
We’ll now lend up to seven storeys (was five). Up to 10 storeys considered for shared ownership.
We’re hitting the ground running in 2024.
We hope you like these improvements, which follow these gems:
⦁ The return to 95% lending
⦁ 2-year discount with no ERC
⦁ BTL Light Refurb product
⦁ Residential large loan up to £2m
⦁ Expat residential large loan up to £2m.
For details of our latest products and rates on our website use the link below.