UNACCEPTABLE LOAN PURPOSES

Unacceptable loan purposes

Unacceptable loan purposes:
The following loan purposes are unacceptable: 

• Non BTL business purposes 
• Guarantor supported mortgage 
• Right to Buy/Acquire 
• Shared ownership or equity 
• Sheltered Housing Schemes/retirement villages for elderly 
• Lifetime mortgages 
• Bridging loans 
• Government Homebuy 
• Tenants incentive 
• Regulated BTL (family tenants) 
• Concessionary purchase 
• Gambling 
• Personal business use 
• Unsecured debt consolidation where the LTV is >75% 
• Payment of tax liabilities 
• Office conversions