The applicant(s)
County court judgments * |
0 in the last 24 months. * All CCJs and defaults must be paid prior to the application or must meet our ignore CCJ/default criteria |
Defaults * |
0 in the last 24 months. * All CCJs and defaults must be paid prior to the application or must meet our ignore CCJ/default criteria |
County court judgments and defaults ignored when one of the following applies |
< £300 in total and satisfied > 12 months prior to the application. Registered > 24 months whether satisfied or not. |
Missed mortgage/secured loan payments |
0 in the last 12 months and currently up to date. |
Unsecured arrears |
2 in the last 12 months and currently up to date. |
Maximum status |
Currently up to date. Previous maximum status ignored. |
Communication, utility & mail order |
Performance ignored where the account balance is less than £500 (single or in aggregate). |
Debt management plans |
Satisfactorily conducted for minimum of 12 months. |
IVA/DRO/bankruptcy |
Not acceptable. |
Repossessions |
Not acceptable. |
The loan
Repayment terms available? |
|
Part interest-only and part capital terms available? |
By exception only |
Porting available? |
|
Revert rate |
BBR + 2.24% Bank of England Base Rate (BBR): 4.75% |
Minimum loan |
£15,000 |
Maximum loan |
Unlimited |
Early repayment charges |
Year one: 4% Year two: 4% Year three: 3% Year four: 3% Year five: 2% |
Term |
5-35 years |
The fees and charges
Product fee |
0.5% |
Application fee |
£145 |