Day 1 Remortgage (NOT inherited property)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we accept day one remortgage applications. An example of this type of situation would be where an applicant has recently purchased a property at auction for cash and then wishes to release funds by remortgaging the property straight away. 

Policy Notes:

We would not accept a day 1 remortgage that is not an inherited property.

Criteria categories:
  • back to back transactions
  • Policy

Last updated:

29 August 2018

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