Buy to Let Lending Criteria for retirement income
Lending criteria
Retirement income
If the applicant is within 15 years of retirement, details of post retirement income is needed. We will use the private pension/annuity income or current salary, whichever is the lower, to calculate the maximum lending.
Evidence Required
- Please note we may require a retirement strategy to detail how the applicant plans to meet their mortgage commitments, if the retirement income is not sufficient to meet mortgage repayments.
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NEW BUSINESS - ACCORD MSO
To create an illustration, submit a DIP, upload documents or to track an application for new customers:
ONLINE 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.)
Visit: https://www.accordmortgages.com/btl/products/product-transfers