Category Archives: Lending Criteria

Foreign Currency

The Society will consider applications for a residential property, where the borrower works overseas for a multinational company, and wishes to retain a home within the UK, possibly for the benefit of family but is paid in a currency other than GBP.  Acceptable currencies are: Australian Dollars Chinese CNY / RMB Canadian Dollar Denmark Krone […]

Guarantor Mortgages

The Society may consider borrower(s) who do not meet the lending criteria if a guarantor, being a member of the borrower(s) family of suitable financial standing, is available. In such cases the guarantor must satisfy the Society’s affordability criteria in their own right. For residential loans, the Society will not lend >80% LTV on any […]