Mortgage Brokers

If you have not placed business with us before, you will need to apply and be accepted onto our Broker Panel before we can accept a mortgage application from you. 

In the first instance please speak to your existing Mortgage Specialist or call our team on 01624 632444.

We’ll talk you through the process and ask you submit an application form which you can download below.

Broker Panel Application Form

If your customer owns 4 or more mortgaged or unencumbered Buy to Let properties, or currently has 3 and is looking to buy a 4th we will treat them as a Portfolio landlord.

When assessing affordability for Buy to Live mortgages, we use your customer’s net disposable income. We require a full understanding of committed costs such as existing mortgage costs, hire purchase, rent, school fees and private pension as well as general living costs. We can also include cash, bonus, commission income and other income that can be evidenced.

For Buy to Let mortgages, we assess affordability based on net disposable income and rental income. For Foreign nationals without UK residential qualifications we require a minimum 100% rental coverage assessed at our sensitized rate of interest pass affordability. We will undertake an additional level of credit assessment and supplement the information provided in your customer’s mortgage application. We will be unable to progress your customers application until we have this information.

Where income is tax free we will use actual income received including guaranteed allowances such as housing, school fees and cost of living allowance.

 Other considerations:

• We will discount income that is not earned in Pounds Sterling to reflect currency fluctuation
• We will consider the impact of interest rate increases