Lending criteria updates
This section will keep you up to date with any changes or clarifications to our lending criteria made in the last six months. Please ensure you read our revised lending policy prior to submitting any applications.
Residential
More information on the changes can be found by visiting the relevant criteria category and sub-section.
| Policy update | Policy category | Policy sub-section | Effective date |
|---|---|---|---|
| Child maintenance | Employment and income | Acceptable sources of income | Dec 2023 |
Buy to Let
More information on the changes can be found by visiting the relevant criteria category and sub-section.
| Policy update | Policy category | Policy sub-section | Effective date |
|---|---|---|---|
| BTL reference rate | Rental criteria | Rental Income Interest Coverage Rate (ICR) and Reference rates | October 2024 |
| Change to maximum number of properties | Portfolio landlord criteria | Find out more | March 2025 |
| Change to maximum number of properties and loan amount | Property | Maximum number of properties and aggregate/total loan amount | March 2025 |
If you have any queries on changes made to our lending criteria and how they affect you, please contact the Intermediary Development Team.
