Criteria Enhancements

What’s new?

Foreign Nationals & the right to enter, reside/remain and work in the UK: We have broadened our buy-to-let lending criteria to support a wider range of borrowers

• We will now consider joint applications involving foreign nationals where at least one applicant is a British passport holder, has Indefinite Leave to Remain (ILR) or settled status
• For joint applications, if at least one applicant (primary applicant) is a British passport holder, or holds indefinite leave to remain, or has settled status, Fleet may also consider additional applicants who are foreign nationals without indefinite leave to remain, provided that:
  • They currently live in the UK;
  • They have resided in the UK for at least the past three years; and
  • They must hold a valid visa (subject to lending criteria) with at least 12 months validity.

Lending to a Limited Company: We have expanded our limited company lending criteria

• We will now accept company group structures registered anywhere in the UK, including Scotland and Northern Ireland, whereas previously companies were required to be registered in England and Wales.
• Please note: The security property must still be located in England or Wales.

See full Criteria Guide for further details.

Call our team on 01252 916 800 who will be happy to run you through the details.

All applications are subject to underwriting review and applicable criteria.