Lender or Group Maximum Number of Mortgages
Our standard acceptability
Indicates if a lender has a maximum number of mortgages a borrower can have with them or within their group. For example ABC Bank might say that a borrower can have no more than X number of mortgages with them at any one time. This might be in addition to any overall monetary exposure limits the lender may have as well.
We will normally limit a borrower to no more than three BTL mortgages with the Society.
Once the Society has experience of a borrower we may permit them to have more than three BTLs with the SocietyCriteria categories:
29 August 2018