Our standard acceptability
Indicates if a lender is able to potentially accept Buy to Let applications where one or more applicant(s) has a history of unsecured loan arrears.
Any existing mortgage/rent/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