In addition to standard mortgage criteria listed here additionally is applicable for Interest only mortgages:


Incapacity advantage • Identification • Interest only

Incapacity benefit (now referred to as Employment & Support Allowance)

We could give consideration to as much as 100per cent of incapacity benefit being a extra income, at the mercy of an underwriter’s discretion.


Included in the scoring procedure, we’ll try to electronically validate and validate the identification of a job candidate. If effective, you can expect to get a note during the point of application distribution to ensure that individuals will likely not need any proof that is further of for the customer. Where our company is not able to validate their identification, you’re going to be expected to send us certified copies of these identification papers.

Interest just

Minimal income of ВЈ75,000 for sole candidates.

For joint applications one or more applicant can make ВЈ75,000, or even the joint candidates can earn an income that is combined of.

Qualifying Money Examples

App Type Money Outcome

Sole ВЈ75K matches minimal income – ВЈ75k single earnings requirements

Joint ВЈ50K + ВЈ60K matches minimal income – ВЈ100k combined earnings requirements

Joint ВЈ75K + ВЈ20K suits minimal income – ВЈ75k single earnings requirements

Joint ВЈ50K + ВЈ40K Fails minimal income – Neither ВЈ75k single or ВЈ100k income that is joint


Japanese knotweed • Job Relocation

Japanese knotweed

The valuer will evaluate each instance for a basis that is individual into consideration facets such as for instance marketability, mortgageabilty and insurability. To learn more about the RICS groups and definitions, in addition to NatWest Groups demands please treat this document.

Job Relocation

Where a person is relocating their domestic house an underwriter may request clarity in the customers employment sustainability that is ongoing.

Please upgrade the records part of the Mortgage form or outline a memo making clear your consideration in which you have actually taken into account unreasonable commuting, current part persistence when you look at the brand new area or developing a unique client base to aid the home loan application.


Large acreage • Leasehold • Lending limits • Let-to-buy • Letting to family members member • Limited business directors • Live/Work properties • Loans / charge cards

big acreage

We shall perhaps maybe not give consideration to properties by having a plot size more than 4 hectares/10 acres.

We need at the least three decades become remaining in the lease during the final end associated with the home loan term. But, some flexibility is allowed for properties in prime areas in central London, in which the minimum lease kept during the end associated with the home loan ought to be ten years. In the event that rent left is under 85 years, then please talk about this along with your BDM for further guidance.

In every instances, evaluation will be manufactured on the basis of the valuer’s commentary.

Lending limits

For New Build Lending Limits and Max LTVs, please utilise our devoted New Build Guide

In the event that lease received regarding the existing home covers the homeloan payment we’re going to perhaps not add this within our affordability evaluation from the brand new home.