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Lending criteria
Mortgage process Lending criteria Verification requirements
Our loan amount is based on affordability and each application is considered on a case-by-case basis. We take into account your client's monthly credit commitments, income, credit history or where we think affordability is affected before making a loan decision.

Our mortgage criteria

  • Applicants must be 18 years or over
  • We accept a maximum of two applicants per mortgage
  • The approval in principle is valid for 60 days and the mortgage offer is valid for 90 days
  • The mortgage term can be from 5 years to 47 years provided it is repaid before the oldest applicant's 65th birthday.
  • We won't accept an application if the client has been living in the UK for less than 2 years or has a working visa that is valid for a shorter time than the period of lending requested - we will also need to view the visa

Mortgage applications we do accept

  • Residential house purchase (including new build and second homes)
  • Residential remortgage
  • Unencumbered properties
  • Freehold, leasehold (provided the lease has at least 30 years to run at the end of the mortgage term) and absolute ownership (Scotland only).

Intelligent Finance must be given a first mortgage over the property.

Mortgage applications we don't accept

  • Shared ownership
  • Right - to - buys (within the discounted period)
  • Flying freehold
  • Self - build
  • Uninhabitable properties
  • Buy - to - let
  • Speculative lending
  • Guarantors
  • Self-certified
  • Commonhold

Acceptable properties

  • Residential owner-occupied
  • Houses (detached/semi/terraced)
  • Purpose built flats
  • Converted flats
  • Maisonettes
  • Bungalows (detached/semi)
  • Traditional construction
  • Where the building has 5 storeys or less (properties above this will be considered on a case-by-case basis, subject to a valuation report)
  • Right - to - buy properties but only after the end of any period in which the discount can be reclaimed.

We are guided by our valuer on whether each property is an acceptable risk.

Aggregate Debt

For more information on how this will be treated, please contact your local Intelligent Finance Account Executive

 
Client verification certificate

If you're authorised by the Financial Services Authority (FSA), we can accept a Client Verification Certificate as proof of your client's identity - rather than requesting original documentation or certified copies via the post. The certificate should be fully completed, signed, and must include details of the original documents you've inspected. You can complete this form online during the application process or download a copy of our Client Verification Certificate
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