Arrears (secured/mortgage)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially accept Buy to Let applications from applicants that have a history of mortgage or secured loan arrears.

Policy Notes:

Any existing mortgage or secured loan must be up to date at the time of application. A maximum of three month’s arrears within the last 24 months will be allowed, provided the account is currently up to date. An explanation of any arrears will be required.

Cannot have more than 1 months arrears within the last 12 months and no more than 2 missed payments consecutively within the last 24 months.

Criteria categories:

• Adverse
• Arrears and Debt Management Plans

Last updated:

07 November 2025