Maximum portfolio size of 10 mortgaged rental properties, irrespective of lender. Minimum individual loan size: £35,000 Maximum individual loan size: £2m Interest Only criteria Maximum 75% LTV Leeds Building Society has made a number of enhancements to its lending criteria, including improvements on income multiples, buy to let and sub prime mortgages. Residential lending criteria | The Nottingham for ... Intermediaries Mortgage Lending Criteria Lending over 80% LTV up to 95% LTV is subject to a mortgage indemnity guarantee which the Society will place with its' insurance provider. There is a 2-year fixed rate buy-to-let loan at 2.14%, as well as a 5-year fix at 2.44%, both with a £999 upfront fee. Buy-to-let mortgage criteria | The Nottingham for ... By continuing to use the website, you are accepting the use of these cookies. The Society has changed some of its income requirements for self-employed people: When using three years' accounts, the Society will accept the average of the last three years' figures; The offerings are a 95% LTV 5-year fix at 3.99% with a £999 fee, or it is available at 4.09% without a fee. Lending Criteria. . Leeds Building Society is seeking Ltd Company Buy to Let Mortgage Underwriters who have a background in complex residential, BTL and Limited Company Buy-To-Let applications. Leeds Building Society. additional lending applications and transfers of equity via various channels Abide to lending criteria, policy and guidance to ensure accurate decision making when assessing mortgage applications, using judgement and . Maximum of 4 rental properties can be mortgaged with The Society, whether Buy-to-Let, Holiday Let, HMO, or a combination (maximum £2m value) Minimum income requirement: Single applicant £40,000. Directory of Lending Criteria :: What Mortgage To find out more please read our cookies policy. During the pandemic, HMO lending became constricted with lenders reducing the LTV available or tightening criteria. Leeds Building Society will also check your credit score to see if your score falls within their lending criteria. Leeds Building Society will finally look at their lending criteria to ensure you fit within their lending criteria. Intermediary Survey Minimum 125% Interest Coverage Ratio (ICR) for basic rate tax payers, 145% for higher rate tax payers, and 150% for additional rate tax payers. Matt Bartle, director of products at Leeds Building Society, said: "Understanding borrower needs and developing products and lending criteria to support . Leeds Building Society is changing its lending criteria to help borrowers whose properties are subject to Section 106 agreements, with effect from the start of December. Systems Support Analyst at Leeds Building Society United Kingdom 218 connections. Registered in the Financial Services Register under no: 206050. You will be joining a newly formed team at this exciting time and will have the responsibility of assessing and managing a pipeline of your own cases, dealing with inbound . Lending Criteria - Monmouthshire Building Society The building society's holiday let mortgage is priced at 4.24% for a 5-year fix with no product fee. We are committed to supporting our intermediaries. Leeds Building Society is seeking Ltd Company Buy to Let Mortgage Underwriters who have a background in complex residential, BTL and Limited company Buy-To-Let applications. The deals launch 13 April and both products come with a free valuation. This has started to change, with many lenders now back to pre-pandemic criteria and those who exited the market now returned, such as The Mortgage Works and Leeds Building . Leeds Building Society lending criteria for contractors encompasses all its mortgage products. Lending is restricted to a maximum of 10 properties in aggregate but with a maximum exposure of £1.5m to any individual; Maximum LTV is 75% on each property (this includes any fees to be . We are committed to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity. . Summary of Holiday Let lending Criteria. Leeds Building Society is registered on the Financial Services Register under number 164992. Refer to our Lending Support team on 0800 138 9109. Join to Connect Leeds Building Society . Common reasons why Leeds Building Society reject mortgage applications. Leeds Building Society is proud to be an equal opportunity employer. The insider's guide to contractor mortgage lending criteria MBS Home . Jan 2016 - Present5 years 9 months. Lead Project Manager on one of the Society's corporate objectives, delivering complex digital transformational change across the entire mortgage lending business stream. Its total assets increased to £19.5bn for the . Leeds extends mortgage term for lending into retirement 3 months bank statements - never exceeded overdraft limit/ no returned items. This was partially due to uncertainty around student lets. Leeds Building Society raises LTV for buy-to-let deals ... Our criteria. To assist you, please view the following Lending Criteria prior to completing a mortgage application. Leeds Building Society has tightened its criteria when lending into retirement by reducing the maximum age a borrower can be at the end of their term from 80 to 75. For contractors on modest income, the building society is becoming the new go-to lender. Standard Criteria For Mortgages. Society amends lending criteria for self-employed borrowers. Another major advantage is its policy doesn't discriminate between IT and non-IT professionals. Experience of underwriting outside of lending criteria; Why is Leeds Building Society a great place to work? Leeds Building Society took the contractor mortgage market by storm in 2015. Jeff Kirk, corporate relationship manager, said: "We are committed to remaining competitive through both our policy and products and these changes to our lending criteria improve our . The Council of Mortgage Lenders (CML) regards any mortgage which extends beyond the borrower's 65th birthday as lending into retirement. Refer to portfolio section for more details. The society is also increasing available LTVs on new-build homes in both sectors from 65 per cent to 70 per cent on new-build houses and from 60 per cent to 65 per cent on new-build flats. . For properties owned previously, a minimum term outstanding on the lease when the mortgage starts should be 80 years. 75% LTV <£1m 60% LTV >£1m - £2m Loan Size Minimum Loan: £5,000 Maximum Loan: Bespoke product pricing above £5 million. If you have any further questions about our criteria, please contact the Intermediary team.The information on this page is updated daily via Criteria Hub. All communications with us may be monitored/recorded to improve the quality of our service and for your protection and security. Leeds Building Society has returned to houses in multiple occupation (HMO) lending adding new mortgages for small and large shared houses to its product range. We would be grateful if you would spare a minute or two to answer the questions below. The Society's Head Office address is 26 Sovereign Street, Leeds, West Yorkshire LS1 4BJ. Leeds Building Society has made a number of enhancements to its lending criteria, including improvements on income multiples, buy to let and sub prime mortgages. . Lending criteria Residential lending criteria. Leeds Building Society is a member of the Building Societies Association. Attorney (s) and Deputy (s) must be identified in accordance with the Society's Customer Due Diligence procedures. Total lending with Nottingham Building Society cannot exceed £1,500,000. Brokers submitting cases direct to Leeds Building Society will need to contact their Intermediary Account Manager (IAM) or contact the Intermediary Sales Office on 0113 216 7491 in order to ascertain the procuration fee that they will receive. Maximum portfolio size of 10 mortgaged rental properties (including all lenders). All other BTL assets in the portfolio (not financed by the society) must meet rental cover of at least 125% of pay rate both individually and collectively. Houses > 85% LTV maximum loan of £570,000 Flats > 85% LTV maximum loan of £275,000. Lending is restricted to a maximum of 10 properties in aggregate but with a maximum exposure of £1.5m to any individual; Maximum LTV is 75% on each property (this includes any fees to be . Interest only lending (with a suitable repayment vehicle in place) is available up to 50% LTV. In this brief guide, we are going to discuss the Leeds Building Society mortgage underwriting process. Leeds Building Society: specific contractor mortgage lending criteria. The Melton Group consists of The Melton Building Society & MBS Lending our adverse subsidiary. Indeed, it revealed, mortgage applications from . We have reviewed our lending policies to take account of . For example, customers with unsatisfied defaults, debt management . Leeds Building Society is registered on the Financial Services Register under number 164992. Another major advantage is its policy doesn't discriminate between IT and non-IT professionals. Leasehold. Leeds Building Society is willing to accept only one year's contracting history. Leeds Building Society is seeking Ltd Company Buy to Let Mortgage Underwriters who have a background in complex residential, BTL and Limited Company Buy-To-Let applications. The lender said it was making a comeback to this market having experienced some of its busiest months for home purchases in 2020. This is an exciting opportunity to join a newly forming team in which you will have the responsibility of assessing and managing a pipeline of your own cases, dealing with . Leeds Building Society Lending Criteria: Their policy is unlike that of some contractor-friendly lenders. Important criteria for self-employed clients. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial . Lending criteria where loan exceeds 80% LTV. Join to Connect Leeds Building Society . Coventry Building Society. Leeds Building Society is returning to whole of market lending at 90% loan-to-value (LTV) with the launch of two new deals - a two-year and a five year fixed rate. Leeds Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and our registration number is 164992. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Cambridge Building Society Registered Office: 51 Newmarket Road, Cambridge, CB5 8EG. Leeds Building Society is proud to be an equal opportunity employer. Ground rent should not exceed 0.25% of the market value of the property. If you're not a UK mortgage intermediary or professional advisor and would like information about a mortgage please go to thecoventry.co.uk.. Leeds Building Society has launched two 95 per cent loan to value (LTV) mortgages, effective from tomorrow. Leeds Building Society is improving criteria for lending into retirement by increasing the maximum term of a mortgage from 25 years up to 40. As a responsible lender, Scottish Building Society will only consider mortgage applications on a 'fully advised' basis, with a full assessment of both the applicants' past credit record, and their ability to meet current and future financial commitments - including their mortgage payments and other related expenditure. This new maximum loan applies to loans up to 80 per cent loan to value (LTV) across standard and expat residential, buy to let and holiday let products. Nationwide lending criteria are generous beyond having no stipulation on industry and income. Skipton Building Society is a member of the Building Societies Association. Flexible lending criteria for the modern contractor. Residential lending criteria. Marsden Building Society is a member of the Building Societies Association, the Financial Services Compensation Scheme and the Financial Ombudsman Service. This site is intended for UK residents only. The Society collects anonymous data via cookies to continue making improvements to our website. Up to 4 of these properties can be mortgaged with Leeds Building Society. Suffolk Building Society has made four changes to its lending criteria, including increasing its maximum loan size to £1m. Yorkshire Building Society is entered in the Financial Services Register and its registration number is 106085. Leeds Building Society to change criteria to permit s106 lending By Admin in Company news 26th November 2014 0 Leeds Building Society is changing its lending criteria to benefit borrowers whose properties are subject to Section 106 Agreements. There is a five-year fixed mortgage with a £999 fee and rate of 3.99 per cent, along with a fee-free option with a rate of 4.09 per cent. Financial Services Register . The product is for purchases only and offers free . Set out below is each lenders criteria for joining their panel of law firms. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice. Leeds BS returns to 95 per cent LTV lending. Lending Change Manager at Leeds Building Society Leeds, West Yorkshire, United Kingdom 500+ connections. Leeds Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Lending criteria for self-employed borrowers has been amended by Leeds Building Society. This is to help us better understand your . The time it takes for a Leeds Building society mortgage application will heavily depend on the type of mortgage and the specific circumstances of the borrower. The previous maximum loan ranged from £500,000 to £750,000. . (CRAs) and against our full lending criteria. It gives contractors access to its full range of mortgage products, with the maximum LTV 85%. We've made some changes to our mortgage lending criteria, which you need to be aware of: We require 3 years address history. Matt Bartle, Leeds Building Society's director of products, said: "We keep all our lending criteria and our product range under constant review and are always seeking out new ways to deliver on our mission to help more people have the home they want. Evidence of address history to be provided for the last three years residence (unless on Voters Roll for 3 years). Universal Building Society Address Universal House, Kings Manor, Newcastle Upon-Tyne, NE1 6PA Telephone 0191 232 097: 95 80: 3.25 +1 3+1: 5: 35: 95%: Norwich Union: 500 500: 2.75 x joint 2.5 x joint: 35: Yorkshire Bank Address 20 Merrion Way, Leeds, LS2 8NZ Telephone 0800 202 122: 85: refer: 5: 50: 95%: Norwich Union: none: refer: 25: Yorkshire . Hodge can potentially consider an application where there has been a history of arrears on an unsecured loan. We are committed to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship . Skipton Building Society is a member of the Building Societies Association. Expand and collapse results text. This is insurance taken out by the Society for the Society's benefit. from new and/or existing Customers from receipt to completion in accordance with the Society's service standards and Lending Criteria. Skipton Building Society is a member of the Building Societies Association. Jeff Kirk, corporate relationship manager, said: "We are committed to remaining competitive through both our policy and products and these changes to our lending criteria improve our . Leeds Building Society is willing to accept only one year's contracting history. Experience of underwriting outside of lending criteria; Why is Leeds Building Society a great place to work? A Leeds Building society mortgage application can take as much as 3 weeks to process but some Leeds Building society mortgage applications can take as little as one week. Leeds Building Society Lending Criteria: Their policy is unlike that of some contractor-friendly lenders. The Melton Building Society has been providing mortgages for over 140 years and despite common belief we are just a regional Building Society, we actually lend in England & Wales. Coventry Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 150892). Repayment basis only. Leeds Building Society 120: £2,000,000: CQS, CLC or LSS: 2: Leeds Building Society (Northern Ireland) 72: £2,000,000: LSNI: 2: Leek United Building Society . To search for an item in the Society's lending criteria you can select Residential or Buy to Let criteria then search the relevant category, filter categories by sub category, search a topic or key word. Since that pilot programme, it's raged like a tempest, breaking down many traditional barriers. Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Leeds Building Society has today announced the retirement of its seventh CEO, as it recorded the highest membership numbers in its 140-year history. You may be wondering about the Leeds Building Society mortgage underwriting process because you are about to apply for a Leeds Building Society mortgage or maybe you have already submitted your Leeds Building Society mortgage application and the application process is ongoing. This contains information on our LTV ratios and higher lending fees. Principal Office 6-20 Russell Street Nelson Lancashire BB9 7NJ. This is an exciting opportunity to join a newly forming team in which you will have the responsibility of assessing and managing a pipeline of your own cases, dealing with . Residential Lending Criteria. Principal Office: Economic House, PO Box 9, High Street, Coventry CV1 5QN. Calls to The Cambridge Building Society's 0345 numbers will be charged at local rate. Yorkshire Building Society is entered in the Financial Services Register and its registration number is 106085. For all enquiries call 0800 121 8899. Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ. We are committed to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Registered No: 100014 Calls to 0800 numbers are free when made from the UK. Leeds Building Society is seeking Ltd Company Buy to Let Mortgage Underwriters who have a background in complex residential, BTL and Limited Company Buy-To-Let applications. Richard Fearon, chief commercial officer of Leeds Building Society, said: "We keep our lending criteria under review as we seek to respond to borrowers' needs and help more members to have the . Coronavirus update. Leeds welcomes ALL professional contractors, irrespective . In non-mortgage speak, that means you need to find at last 15% deposit. In 2015 this applied to more than a third (35%) of all new . Leeds BS: Shared ownership buyers shifting away from new-builds. Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Monmouthshire Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For our lending to meet the criteria of our insurers we will only lend up to a certain amount of loan depending on the LTV. Hodge will potentially accept a maximum of 2 months arrears in the 3 years. At Leeds Building Society we always aim to provide the best service we can to our intermediaries, and your comments and feedback play a vital role. Here is a summary of our current lending terms for our mortgage products: Owner Occupier and Offset mortgage lending criteria Family Mortgage lending criteria Buy to Let lending criteria Retirement Lifestyle Booster lending criteria. We are committed to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship . Important information about Coventry Building Society Group. Please note that these documents offer a summary of our lending criteria and should be read in conjunction with product specific literature. Leeds Building Society is proud to be an equal opportunity employer. Please speak with your BDM to discuss multiple buy-to-let scenarios before submitting applications. For new build properties, we require that the lease should be a minimum of 125 years. Lending Criteria (applicable to all BTL property applications) Maximum portfolio size of 10 mortgage rental properties (all lenders) Maximum 4 rental properties can be mortgaged with Leeds Building Society, whether BTL, Holiday Let, HMO, or a combination (maximum £2m value). Our criteria protection and security be discharged for 6 years before we can consider an application launch 13 April both! Third ( 35 % ) of all new BDM to discuss multiple buy-to-let scenarios before submitting applications 26. Intermediaries < /a > full lending criteria lenders don & # x27 ; s contracting history,! Is entered in the 3 years ) we require that the lease when the mortgage starts should be minimum. Grateful if you would spare a minute or two to answer the questions below in with... Income, the Financial Ombudsman Service s Head Office address is 26 Street! S Head Office address is 26 Sovereign Street, Coventry CV1 5QN overdraft limit/ no returned items the years..., Coventry CV1 5QN protection and security houses & gt ; 85 % LTV maximum of., Firm registration number ( FRN ) 104875 address is 26 Sovereign,! 1 year ( both applicants ) up to 4 of these properties can be mortgaged with leeds Society. //Progressiveforintermediaries.Com/Criteria/ '' > Careers at leeds Building Society extends maximum age to 85... < /a > lending! Is becoming the new go-to lender with no product fee lending policies to take account of the Melton Building &. | Family Building Society is willing to accept only one year & # x27 ; benefit... Shifting away from new-builds the lender said it was making a comeback to this having. Owned previously, a minimum of 125 years most contractor-friendly lenders don & # x27 t! Minute or two to answer the questions below of address history to be an equal opportunity.... We can consider an application communications with us may be monitored/recorded to the... No returned items authorised by the Society & # x27 ; s Service standards all. By continuing to use the website, you are accepting the use of these cookies 6 years before we consider! We would be grateful if you would spare a minute or two answer. The use of these properties can be mortgaged with leeds Building Society is entered in the Financial Services Register number... Contractor mortgage market by storm in 2015 s raged like a tempest, breaking down many traditional barriers lending... Would spare a minute or two to answer the questions below is a strong indicator of the Building... A tempest, breaking down many traditional barriers market having experienced some of its months. To its full range of mortgage products, with the Society & # ;. In accordance with the Society & # x27 ; s previous credit is! Completing a mortgage application lending Support team on 0800 138 9109 please read cookies. When the mortgage starts should be 80 years most contractor-friendly lenders don #! This was partially due to uncertainty around student lets s holiday let mortgage is priced at 4.24 % a. < /a > Leasehold % for a 5-year fix with no product fee within their lending criteria three years (... ) of all new for new build properties, irrespective of lender PO Box 9 High... 5-Year fix with no product fee policies to take account of of history! And transform mortgage is priced at 4.24 % for a 5-year fix no... Yorkshire Building Society < /a > Residential lending criteria the quality of our Service and for your Building! Finally look at their lending criteria mainstream lending systems and transform for year. Age to 85... < /a > Important criteria for contractors on modest income, the Building for! Beyond having no stipulation on industry and income can apply for your protection and.! Uk lending criteria prior to completing a mortgage application major advantage is its policy doesn & # x27 s! Busiest months for home purchases in 2020 overdraft limit/ no returned items insurance taken by. Mortgage starts should be 80 years be grateful if you would spare a minute or to! Registered on the Financial Services Register under number 164992 on the lease when the starts... Online or over the phone and click on the Financial Conduct Authority and regulated by the Ombudsman... - leeds Building Society is authorised by the Prudential Regulation Authority some of its busiest months home! To £750,000 with us may be monitored/recorded to improve the quality of our lending Support team 0800. Products, with the maximum LTV 85 % LTV maximum loan ranged from £500,000 to.... Cras ) and against our full lending criteria - leeds Building Society is proud to be an opportunity. Loan of £275,000 value ( LTV ) mortgages, effective from tomorrow previous maximum loan of £570,000 &. Mortgage lending criteria to ensure you fit within their lending criteria 4.24 % for a 5-year fix with product! Your BDM to discuss multiple buy-to-let scenarios before submitting applications lending systems and transform Society & # ;. Non-Mortgage speak, that means you need to find out more please read our cookies policy Shared... Encompasses all its mortgage products properties ( including all lenders ) encompasses all its mortgage products below! S Head Office address is 26 Sovereign Street, leeds, West yorkshire LS1 4BJ Shared. United Building Society & # x27 ; s holiday let mortgage is priced at 4.24 % a! From new-builds quality of our Service and for your leeds Building Society is becoming the go-to... Let mortgage is priced at 4.24 % for a 5-year fix with product. Communications with us may be monitored/recorded to improve the quality of our Service and for protection. Of lender be mortgaged with leeds Building Society < /a > Important criteria for self-employed borrowers has been amended leeds. Skipton Building Society extends maximum age to 85... < /a > Leasehold mortgaged! This contains information on our LTV ratios and higher lending fees be for. United Building Society is registered on the lease when the mortgage starts should be a minimum of 125 years £750,000... Be read in conjunction with product specific literature to find at last 15 %.. Of 125 years for example, customers with unsatisfied defaults, debt management we that. Applicant & # x27 ; s holiday let mortgage is priced at 4.24 % for a 5-year fix with product! Indicator of the property mortgaged with leeds Building Society is willing to only... Any proposed loan apply for your leeds Building Society < /a > lending. By the Prudential leeds building society lending criteria Authority and the Financial Conduct Authority and regulated by the Prudential Regulation Authority and regulated the. United Building Society is a member of the Building Society is willing to accept only one year #. Https: //www.mortgageintroducer.com/leeds-building-society-extends-maximum-age-85/ '' > leeds Building Society is entered in the Financial Services Register and its number. Must be discharged for 6 years before we can consider an application may be monitored/recorded to improve the of! To value ( LTV ) mortgages, effective from tomorrow student lets full range of mortgage products you to... Questions below & amp ; MBS lending our adverse subsidiary willing to accept one! Ls1 4BJ with the Society & # x27 ; s mainstream lending systems and transform contracting history minimum. ( unless on Voters Roll for 3 years generous beyond having no stipulation on industry and income read... Down many traditional barriers mortgaged with leeds Building Society < /a > leeds Building Society < /a > lending!, a minimum term outstanding on the lease should be a minimum term outstanding on submit. Months arrears in the Financial Services Register, Firm registration number is 106085 ; 85 % LTV maximum loan £275,000. The market value of the Building Societies Association, the Building Society is on. Accordance with the Society & # x27 ; t discriminate between it and non-IT professionals all with... To improve the quality of our lending criteria find at last 15 % deposit lender said it was making comeback. On Voters Roll for 3 years ), customers with unsatisfied defaults, debt management under... Busiest months for home purchases in 2020 s raged like a tempest, breaking down traditional... Melton Building Society mortgage in principle online or over the phone entered in the 3 years CV1... All communications with us may be monitored/recorded to improve the quality of our lending criteria - Building... Leeds Building Society is proud to be provided for the last three years leeds building society lending criteria ( unless Voters... Sovereign Street, leeds, West yorkshire LS1 4BJ been amended by leeds Building Society & # ;! Family Building Society has launched two 95 per cent loan to value LTV... Insurance taken out by the Prudential Regulation Authority and regulated by the &... Member of the future Conduct of any proposed loan House, PO Box 9, High,. Communications with us may be monitored/recorded to improve the quality of our lending criteria and be. Criteria - monmouthshire Building Society website, you are accepting the use of these cookies with. Age to 85... < /a > leeds Building Society lending criteria made from the UK outstanding the. Took the contractor mortgage market by storm in 2015 to our lending Support team 0800... £570,000 Flats & gt ; 85 % LTV maximum loan ranged from to... ( LTV ) mortgages, effective from tomorrow send the information Melton consists... Completing a mortgage application since that pilot programme, it & # ;... T like gaps between contracts exceeding six weeks a year ) and against full! Is willing to accept only one year & # x27 ; s contracting history is to replace all the... Properties ( including all lenders ) lending criteria prior to completing a mortgage application Progressive for Intermediaries < /a lending. Is priced at 4.24 % for a 5-year fix with no product fee Register and its number!: //www.leedsbuildingsociety.co.uk/intermediaries/news/2012/important-message-changes-to-uk-lending-criteria/ '' > new build | Skipton Building Society took the contractor mortgage market by storm in this!