For intermediary use only

CHORLEY LENDING SNAPSHOT

EXPERIENCED COMMON SENSE A UNDERWRITER APPROACH NO CREDIT SCORING B C WHO IS THE DECISION MAKER?

ACCESS TO THE UNDERWRITING TEAM

DIRECT DIAL TO INTEREST ONLY OPTION UNDERWRITERS

NO MAXIMUM AGE LIMIT REALISTIC APPROACH TO LENDING INTO/ WHILST RETIRED

FLEXIBLE APPROACH TO CONTRACT WORKERS AND SELF-EMPLOYED SA302

WILL CONSIDER DISCHARGED BANKRUPTCY IVA OVER 3 YEARS AGO

GUARANTORS CONSIDERED

CONCESSIONAL PURCHASE AND GIFTED DEPOSIT

Subject to Building Society’s Lending Criteria (overleaf) and Mortgage Terms and Conditions. Valid as at May 2018. For more information, email [email protected], or call 01257 235 001 - Option 2 Chorley and District Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered on the Financial Services Register under number 206023. Registered Office: Key House, Foxhole Road, Chorley, PR7 1NZ. Chorley and District Building Society is a member of the Building Societies Association and a participant of the Financial Ombudsman Service and Financial Services Compensation Scheme. Your telephone conversations with the Society may be recorded. This is to help the Society to improve customer service and to offer additional security. FLEXIBLE, SERVICE DRIVEN, COMMON SENSE APPROACH, NO CREDIT SCORING, INDIVIDUAL UNDERWRITING

CONSIDERED • Studio Flats • Concessional Purchase • Non Cash/Deposit Builder • Flats above 4 Storeys • Maximum age of Guarantor Incentive up to 5% • Ex L/A Flats 75 at term end • Flying Freehold up to 20% • Contract Workers • Section 106 • Agricultural Restrictions • Gifted Deposits • DMS Properties • Second Homes (Subject to individual criteria)

MAXIMUM LTVs CONCESSIONAL PART Interest Only & PART Capital Repayments 70% £800,001 to £1,000,000 PURCHASE 80% £500,001 to £800,000 • 100% of purchase price • Max LTV 85% • Min Equity £50k 85% £400,001 to £500,000 • Max 90% LTV market value • Max interest only element £500k 90% £350,001 to £400,000 • Close family member 95% Up to £350,000 • Sitting Tenant Subject to availability INTEREST ONLY • Property to be used as Min Term 1 Year main residence • Max 80% LTV • Min Equity £50k Max Term 40 Years • Person providing concession • Max advance £500k not to remain at property • Max 50% LTV to downsize (Min equity £100k)

LENDING INTO RETIREMENT REMORTGAGE MAXIMUM AGE

• Max 95% LTV subject to availability No max age on residential • Maximum LTV 75% • Minimum 6 month ownership or BTL subject to individual LENDING WHILST RETIRED • Max 80% LTV for debt consolidation case assessment • Maximum LTV 70%

HELP TO BUY CREDIT FILE RIGHT TO BUY EQUITY LOAN The following can be considered (subject to individual criteria) • 100% of the discounted • New Build Only • CCJs or defaults settled over 3 years ago purchase price • Max Loan • CCJs issued in last 3 years totalling less than £500 • Max 75% LTV market value £600k England • Discharged bankrupt or IVA over 3 years ago • Max Loan • Defaults showing on credit file £300k Wales • Well maintained DMPs • Forces

BUY TO LET

SELF EMPLOYED • Maximum LTV – 80% • Minimum loan - £80k • Minimum 18 months trading (£56k for North West) • Ltd Company • 3 or less mortgaged Salary & Dividends BTL properties • Sole Trader/Partnership - we • 1st time landlords considered For more information, visit our website take share of net profit Subject to availability at chorleybs.co.uk or by email at [email protected] 01257 235 001 - Option 2

Subject to other Lending Criteria and Mortgage Terms and Conditions. Valid as at May 2018. Chorley and District Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered on the Financial Services Register under number 206023. Registered Office: Key House, Foxhole Road, Chorley, Lancashire PR7 1NZ. Chorley and District Building Society is a member of the Building Societies Association and a participant of the Financial Ombudsman Service and Financial Services Compensation Scheme. Your telephone conversations with the Society may be recorded. This is to help the Society to improve customer service and to offer additional security. V3-06-2019