Back to back (Remortgage - Other)
Our standard acceptability
Not Acceptable
Criteria definition:
Back to back is typically where the vendor has owned the property for less than six months, or remortgages where they've owned the property for less than six months.
In the case of Back to back (Remortgage - Other) it indicates if we are able to potentially accept remortgage applications where the current owner has owned the property for less than 6 months and is now looking to remortgage for a reason other than due to the property being inherited, remortgaging having recently ported, to repay bridging finance or to mortgage having originally purchase the property for cash.
Policy Notes:
We do not accept back to back remortgages.
- back to back transactions
- Policy
Last updated:
29 August 2018