Credit, Product & Criteria overview

Criteria overview
Loan value Resi purchase to 95% Resi remortgage up to 90% Mid Tier LTV's 82.5%, 87.5% and 92.5% Completion fees cannot be added to applications over 90% Shared Ownership up to 95% of customers share Debt consolidation up to 90% Interest only up to 75% / Part and Part up to 95% Loans up to £2 million Northern Ireland up to 80% Right to Buy up to 75% LTV of the open market value
Complex income Up to 100% overtime & bonus considered Agency workers, Construction Industry Scheme (CIS) contractors, and Zero hour contracts considered Learn more
Self-employed 1 year trading Affordability based on latest year’s accounts Share of net business profits after tax plus salary considered Learn more
Contractor Consider less than 12 months Weekly rate x48
New build New build house/flat up to 90% 5% builder incentive considered
#KensingtonDifference No credit scoring, soft footprint search No upfront Application fees

Product overview
Resi 12 Gives the option of either a fixed rate (2, 3 or 5 years) or a Step Down fixed rate (5 years total, with the first 2 years on an initial rate, followed by a lower rate for the last 3 years) Designed for your clients who have had a small blip more than 12 months ago Available to first time buyers CCJs, defaults, payday loans, Debt Management Plans, and credit arrears are all acceptable
Resi 6 Gives the option of either a fixed rate (2, 3 or 5 years) or a Step Down fixed rate (5 years total, with the first 2 years on an initial rate, followed by a lower rate for the last 3 years) Designed for your clients who have had a small blip more than 6 months ago CCJs, defaults, payday loans, Debt Management Plans, and credit arrears are all acceptable
Hero Up to 5 x income, subject to affordability For Armed Forces Personnel, Firefighters, NHS Clinicians (including Nurses & Paramedics), Police Officers & Teachers
Professionals Up to 6 x income, subject to affordability For qualified Actuaries, Barristers, Chartered Accountants, Commercial Pilots, Dentists, Doctors & Solicitors
Flexi Fixed for Term Fixed rate for duration of mortgage term, from 11 to 40 years Affordability based on the fixed term rate, not on a future variable stressed rate Available for purchase and remortgages
Shared ownership 85%, 90% and 95% of share LTV options available, subject to affordability Available on New Build and existing properties
eKo £1,000 Cashback Evidenced by property moving to the next EPC banding OR an increase of at least 10 SAP points Up to 12 months to make the energy improvements and claim £1,000 cash back upon qualification
eKo £500 Reward Mortgage £500 cashback on purchases for properties rated A or B for energy efficiency
Property Plus Non-standard construction types considered following positive Valuation For property types covered, view our lending criteria
Right to Buy Up to 100% of discounted purchase price
Tracker Mortgage Another Solution to help your clients 2 year variable rate Tracker Low ERC: 1% during incentive period Learn more
Help to Buy Help to Buy purchase available in Wales (subject to scheme rules) Help to Buy Remortgage in England, Scotland and Wales (subject to scheme rules)