Lending criteria update

Residential and Guarantor cases over 75% LTV

From 6 April 2011 we will be making the following changes to our residential lending criteria:
  • Interest Only and Part Repayment applications will be limited to a maximum LTV of 75%
  • Applications which exceed 75% LTV will only be considered on a Repayment basis
  • The TMW Buy to Let range is unaffected by this change
There are no further changes to our rates or products, however selected product codes have been updated to accommodate this change. An updated version of our lending criteria will be available on our website from 9am tomorrow.

Securing current products

If you would like to secure any of the current products, please ensure that any DIPs are completed via TMW Online by 5pm Tuesday 5 April 2011. Any DIPs must be progressed to full mortgage application by 8pm Tuesday 5 April 2011. Please note that faxed DIPs will not be accepted. Please use TMW Online for all DIPs.

Paper applications, where applicable, must be postmarked up to Tuesday 5 April 2011. There is no booking system in place for these products.

Need to get in touch?
For literature requests, products and lending criteria information call:
0845 601 0763 - option 1

For a decision in principle and case updates call:
0845 45 45 400 

Lines are open Monday to Friday 9am - 5pm