Quick eligibility check
We'll generally be able to lend to you if:
- You're at least 21 years old and anyone else applying with you is 18 or over.
- The mortgage term you want is between 5 and 40 years (25 years for interest only mortgages).
- You and anyone else applying with you won’t be over 75 at the end of the mortgage term (70 for interest only mortgages).
- You don't have a bad credit history.
- The property you want to buy is in England or Wales and isn't going to be rented out.
How much you can borrow
Get some quick figures
You can use our mortgage calculator to get an idea of how much we might be able lend to you.
Try our calculatorThe amount we can lend to you depends on a few things, including your income, your deposit and the type of property you're buying.
Your income
| Total yearly income | You could borrow up to |
|---|---|
| Up to £50,000 | 4.5 times your income |
| Between £50,001 to £75,000 | 5 times your income |
| Over £75,000 | 5.75 times your income |
If you're applying with someone else, your total yearly income will be your combined income.
Multiples above 4.5 will be capped at 90% LTV.
Your deposit
| Your deposit (minimum) | Loan to value (LTV) | Maximum we'll lend |
|---|---|---|
| 5% | 95% | Up to £600,000 |
| 10% | 90% | Up to £750,000 |
| 20% | 80% | Up to £1,000,000 |
| 25% | 75% | Up to £1,000,000 |
| 40% | 60% | Up to £2,000,000 |
Type of property
For new build homes, we can lend a maximum of (excluding fees):
- 85% LTV on houses and bungalows.
- 75% LTV on flats and maisonettes.
For properties built over 24 months ago, we can lend a maximum of (excluding fees):
- 95% LTV on houses and bungalows.
- 85% LTV on flats and maisonettes.
- 75% LTV on studio flats.
For Interest Only mortgages the maximum we'll lend is 60% LTV.
Credit score
We credit check everyone who applies for a mortgage with us. It gives us an idea how well you manage your money and helps us decide whether we can lend to you.
If you’ve had financial hiccups in the past, don't worry, you're not alone and your credit score isn't the only thing we consider when we make a decision.
If you've got any concerns as to whether we'll lend to you, talk to us before making an application.
You can find out more about credit scores and what part they play when you're applying for a mortgage in our 'What is a credit score' guide.
Property types not eligible for a mortgage
We'll consider most property types but there are some we won't be able to offer a mortgage on.
These include:
- Self and custom builds
- Farms and smallholdings
- Grade 1 listed buildings
- Agricultural tie or restricted properties
- Freehold flats and maisonettes including coach house flats
- Live/work units
- Mobile homes and river boats
- Properties with 10 or more acres of land
- Low cost housing schemes (also known as restricted resale covenant schemes)
- Sheltered housing and properties with age restrictions for the occupants
- Holiday lets
- Flats with deck access
- Flats converted from former offices or industrial buildings
- Properties with asbestos
- Pre 1965 timber frame properties
- Timber frame properties with timber outer leaf
If your property type isn't listed above but you still have concerns, get in touch and we'll be happy to help.