Interest only: Sale of mortgaged property
Our standard acceptability
Acceptable
Criteria definition:
Indicates if we can potentially accept interest-only lending and if so is 'sale of the mortgaged property' an acceptable repayment method on residential mortgages.
Policy Notes:
We can accept downsizing to a maximum 70% LTV.
Criteria categories:- interest only
- Product
Last updated:
29 August 2018