We’ve been busy wrapping up something special for you this festive season - our lending criteria has had a makeover! Here’s what you need to know:

The Big Change

We’ve removed fixed LTI caps! That means a more flexible approach to lending – because we know every case is unique. Got something quirky? Talk to us – we love a challenge!

Highlights You’ll Love

✔ Visa-Friendly Lending

We accept Skilled Worker, Health & Care, and Global Talent visas, as well as Tier 1 and Tier 2 applicants. Dependent visa holders can apply as joint applicants. There are no minimum UK residency requirements - we focus on your ability to meet affordability, not how long you’ve been here. (Foreign National Products only)

✔ Self-Employed Support

1. 1-year trading history considered when supported by a CV showing relevant industry experience and strong year 2 projections.
2. Most recent year showing above 25% increase can also be considered subject to referral and accountant confirming the business activities are sustainable and a projection for the following year. Reviewed on a case-by-case basis

✔ Flexible Affordability

• No fixed LTI multiple used.
• Background BTL treated as self-funding with rental evidence.
• Commitments expiring in 3 months? Ignored.

✔ Savings Flexibility
Savings must be in a UK account, but we can consider funds built up overseas. Just speak to your BDM for details.

✔ Gifted Deposits

• Gifts from non-family members? Considered with a solid explanation.
• Gifts from family abroad? Accepted if from approved countries.

✔ Contractor-Friendly

• Minimum 12 months in the same line of work.
• Current contract needs 4+ weeks left or renewal evidence.
• Multiple contracts accepted.
• Day rate annualised on 46 weeks for fair affordability.

✔ Second Job Income

• Accepted after 12 months (employed) or 24 months (self-employed).
• Combined hours ≤ 50 per week.
• Overtime? We’ll consider it with 2 years’ evidence.

✔ Probationary Periods
Accepted if 12 months continuous employment prior and similar role.

✔ Benefits Considered
Up to 50% of: Attendance Allowance, Carer’s Allowance, PIP, Disability Income Support, Universal Credit (standard allowance, child element, carer’s allowance, disability-related payments).

Why This Matters

We’re making it easier for you to place those tricky cases. Whether it’s a contractor with multiple gigs or a self-employed client with just one year under their belt – we’re here to help make it happen.

🎅 This Christmas, let’s make affordability flexible and festive!
Got a case that doesn’t fit the mould? Speak to your BDM today on 01782 255000

🔗Full Lending criteria can be found here