Lending Criteria Tool
Find out if your client could be eligible for one of our lifetime mortgage plans using our criteria tool
Quick Check
You just need to know if we accept certain criteria across our range of plans
Specific House
You have the details of your client’s home and want to know if it will be accepted
Need more help with a tricky case or unusual property?
Call our Adviser Support Team on 03454 500 151
info@more2life.co.uk
Flexi
Up to 5 acres acceptable subject to no agricultural restrictions
Unlimited on Premier but will be valued only on any surrounding formal gardens (up to a maximum of 5 acres).
Capital
Equal to or less than 2 acres of land are acceptable.
Maxi
Up to 7 acres acceptable subject to no restrictions, lending based on 5 acres.
Tailored
Equal to or less than 10 acres of land. Over 10 acres can be referred - Applies to enhanced plans only. The valuation will be based on a maximum of 5 acres.
Omni
Up to 10 acres acceptable subject to no restrictions
Flexi
Properties with commercial premises visible from the property and/or within potential influencing distance are acceptable subject to no adverse comments from the valuer.
Properties above or directly attached (sharing a party wall) to a commercial premises are not acceptable.
Capital
Commercial presence within the vicinity of the property will be reviewed on a case-by-case basis
Maxi
Properties in proximity to schools & residential care homes, churches, places of worship, doctors, GPs are acceptable subject to valuers comments.
Tailored
Refer to more2life, will be subject to no adverse comments by the surveyor. Acceptable commercial includes (not an exhaustive list) schools, places of worship, local sport venues (e.g. local cricket clubs), healthcare premises and care homes. Flats above or adjacent to commercial properties that do not affect saleability are acceptable.
Omni
Properties with commercial premises visible from the property and/or within potential influencing distance are acceptable subject to criteria
Flexi
Houses or bungalows with a minimum value of £150,000 and subject to the estate being 50% or more in private ownership.
Can accept standard construction as well as poured in situ no fines construction (post 1940) or Laing Easiform cast in situ cavity wall construction type II, post 1940
Capital
Ex-Local Authority/Ex-Public Sector leasehold properties are not acceptable.
Must be in an area which is predominantly in private ownership, which must be equal to or greater than 51% and subject to satisfactory valuer’s comments.
Maxi
Houses or bungalows with a minimum property value is £150,000 and providing the local authority/housing association isn’t the freeholder.
Tailored
Houses or bungalows with a minimum property value is £100,000 and providing the local authority/housing association isn’t the freeholder.
Omni
Houses or bungalows with a minimum value of £115,000 and subject to criteria
Flexi
Up to 50% but available up to 100% on lower LTVs - see lending criteria for more details
Capital
Flat roof/low pitch is ≤50% of the total habitable roof area can be considered subject to standard controls and the valuation report indicates no roof repairs are required.
Maxi
Flat roofs made of traditional materials (i.e. felt) up to a maximum of 40% of the total roof area over habitable accommodation. Flat roofs made of durable material up to a maximum of 60% of the total roof area over habitable accommodation
Tailored
Up to and equal to 50% is acceptable. Between 51%-100% can be referred - applies to enhanced plans only
Omni
Up to 50%
Flexi
Maximum 4 storeys (ground floor =0) with an 85% LTV cap
Capital
Maximum of 6 storeys with a lift available in any property of 4 stories or more (ground floor is counted as 1).
Maxi
Leasehold flats/maisonettes (85% of the LTV will be considered), blocks up to four storeys high with a lift (ground floor counted as floor 1). Where no lift is present but the subject flat is located on the 1st or 2nd floor then this is acceptable subject to valuers comments
Tailored
Acceptable but blocks over 6 stories must be referred and there must be a lift for anything in excess of 4 stories with an 85% cap (ground floor is counted as 1).
Omni
Maximum 6 storeys (ground floor =0) with an 85% LTV cap
Flexi
Using the HDHV/Ambiental Flood score, any properties classed as being in <=20% is acceptable subject to satisfactory comments by the valuer and insurance being obtained under standard terms. Properties that return a flood score >20% are not acceptable
Capital
If flooded in the last 15 years, we will decline otherwise the flood zone isn’t a consideration.
Maxi
English properties or areas in flood zone 1 (see link below) which have flooded more than 5 years ago can be considered providing it is classed as an isolated event, it does not impact on the valuation and insurance can be obtained under normal terms. Any instance where the flooding relates to surface water is not considered acceptable regardless if it is a one off event. .
Tailored
Properties including any outbuildings or garden land that have flooded in the last 5 years are unacceptable.
Flood zone 1 & 2 acceptable provided no flooding in last 5 years.
Flood zone 3 is unacceptable, however properties with flood defences can be referred.
Tailored LT 7
Properties in significant risk of flooding areas even with active flood management mitigations in place are unacceptable
Omni
Any properties with a flood risk score of 20% or less are acceptable
Flexi
Acceptable subject to satisfactory valuers comments. Subject to being compliant with current legislation guidelines as identified by the valuer
Capital
Private septic tanks, soak aways, cesspit etc are acceptable.
Subject to being compliant with current legislation guidelines as identified by the valuer
in Scotland we can accept SEPA registration as acceptable
Maxi
Subject to satisfactory valuers comments and title insurance
in Scotland we can accept SEPA registration as acceptable.
Tailored
Subject to satisfactory valuers comments and title insurance - Subject to being compliant with current legislation guidelines as identified by the valuer
in Scotland we can accept SEPA registration as acceptable
Omni
Acceptable subject to satisfactory valuers comments. Subject to being compliant with current legislation guidelines as identified by the valuer
Flexi
Where owned outright and with title insurance to cover building consents and approvals. Leased solar panels are now acceptable providing the lease complies with the UK finance requirements and satisfactory valuers comments.
Capital
Solar panels only where mounted to the roof are acceptable
Maxi
Acceptable subject to satisfactory lease review.
Tailored
Acceptable subject to satisfactory lease review.
Omni
Acceptable where owned by the borrower or leased
Clicking different criteria will either add or remove questions from the tool.
Although the results generated by this tool are indicative only, the more information you can give us the
more accurate the result.
WARNING!
The more detail you give us, the more accurate the assessment of your client’s property. Although this tool only provides an indicative result, please provide as much detail as you can.
Basic Information (click if not applicable)
Additional Information (click to add)