We have extended our offer validity period to six months
We continuously review our lending policy, working closely with our intermediary partners to look at where we can make improvements.
We are pleased to announce that we have extended our offer validity period from three to six months for both purchase and re-mortgage applications. There will be no change to New Build applications, which have a current offer period of nine months.
As our offers are now valid for six months (26 weeks), there is no need to go through an offer extension process, saving you time.
We recognise that borrowers are facing a challenging period and this extension to our offer validity period will provide additional reassurance for both prospective homeowners and those remortgaging.
Extending the offer validity period by three months will provide peace of mind for clients where there is a higher risk of chains falling through. Furthermore, given the current uncertainty facing household budgets, this extension will provide additional comfort for clients looking to remortgage well in advance of their current deal expiring.
Ready to make an application? You can find our latest criteria details by clicking below.
If you have any questions or would like to discuss a case, please get in touch with your dedicated Business Development Manager.
We're finalists at this year's Credit Strategy Credit Awards!
We are delighted to announce that we have been shortlisted at this year's Credit Awards for 'Mortgage Lender of the Year'!
The Credit Awards are the flagship award for the credit and financial services industry. We would be delighted to add another accolade to our collection. Fingers crossed for the night!
