Harpenden Building Society provide individually underwritten mortgages tailor-made to the customer’s needs. Their pragmatic and sensible approach ensures mortgage applications are individually assessed using common sense. They see opportunities within specialist lending and complex income.
They have the expertise and experience to specialise in managing complex cases. They consider many forms of complex income, including pension, trust income, maintenance and investment as well as standard employed and self-employed.
Residential Mortgages
- Up to four borrowers per application
- Interest only available up to 75%
- Properties with an annexe intended for Let or use by friends or family are accepted.
- Free valuations (for properties up to £699,999 as per standard fee scale)
Residential in Retirement Mortgages
- No maximum age
- Up to four applicants are considered and not all applicants have to reside on the property
- Joint borrower sole proprietor available
- Up to 70% LTV
Complex Income
- They’ll use 100% of bonus, commission and overtime if 2 years can be proved
- Pension, rental income, investment income, trust income and maintenance are all considered at 100%
- Minimum 1 years self-employment required and latest years income considered (projection required)
- Up to 4 borrowers per application, with all incomes, included
- Top slicing considered on BTL and Holiday Lets
- Unusual property types considered, including up to 3 properties on one title
- Large loans on residential
- Up to 6x income considered
Harpenden’s BDMs are very experienced with complex cases. Mortgage applications assessed by a mainstream retail lender can’t always accommodate customers with a complex incomes and can be rejected by algorithms.
Harpenden believes specialist lenders like themselves, are best suited to dealing with the unique aspects of complex mortgages. You can view all their products and lending criteria on the Harpenden website.
They look forward to working with you and hopefully seeing you soon.