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    Buy to Let Lending Criteria for payday loans

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    Lending criteria

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    Applicant

    • Income and top slicing 
    • Deposit
    • Age
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    Payday loans

    Payday loans can be accepted as long as they have been settled at least 12 months ago. A defaulted pay day loan in the last 36 months is unacceptable. 

    Related Criteria

    Bankruptcy and sequestration
    CCJs, defaults and missed payments
    Individual voluntary arrangements (IVA), debt management plans (DMP) and trust deeds
    Repossessions

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    New Accord borrowing

    For new clients to Accord. Create an illustration, submit a DIP, upload documents or track an application.

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    Product transfers

    Switch existing Accord clients to a new deal. Create an illustration, then apply and accept a product transfer online. (Please note 1001 BTL accounts cannot be processed via the portal).

     

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    Information on this site is for use by authorised intermediaries only and should not be relied upon by anyone else.

    Accord Mortgages Limited is authorised and regulated by the Financial Conduct Authority. Accord Mortgages Limited is entered in the Financial Services Register under registration number 305936. Buy to Let mortgages for business purposes are not regulated by the Financial Conduct Authority. Accord Mortgages Limited is registered in England No: 2139881. Registered Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Accord Mortgages is a registered Trade Mark of Accord Mortgages Limited.

    References to ‘YBS Group’ or ‘Yorkshire Group’ refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, Chelsea, Norwich & Peterborough Building Society and N&P) and its subsidiary companies.

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