Our standard acceptability
Indicates if a lender can potentially accept Buy to Let applications from applicants that have a history of mortgage or secured loan arrears.
Any existing mortgage or secured loan must be up to date at the time of application. A maximum of one month’s arrears within the last 12 months will be allowed, provided the account is currently up to date. An explanation of any arrears will be required.
- Arrears and Debt Management Plans
29 August 2018