Day 1 Remortgage (if inherited property)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we accept remortgage applications from an applicant who has recently inherited the property. For example, James inherited a property today and wishes to remortgage it to raise some funds. 

Policy Notes:

We would consider applications for a day one remortgage on an inherited property if it were to improve the property or buy out other beneficiaries.

Criteria categories:

• back to back transactions
• Policy

Last updated:

29 August 2018