Upto £300,000 95% LTV

Upto £500,000 90% LTV

Upto £2,000,000 85% LTV

Upto £ (max) 75% LTV

Mortgages are Portable

If you move house you can transfer this mortgage to another property subject to the following terms and conditions.

Where an early repayment charge (including repayment of a cashback) becomes payable because you are paying off the mortgage in full, we will refund all or part of the charge if;

(a) you complete a new mortgage on a different property with us at the same time as you pay off this mortgage, or within three months of the date when you do so, and

(b) the new mortgage is on the same terms as your present mortgage (ignoring any difference in the amount lent under the new mortgage).

We will refund the early repayment charge in full if the new mortgage is on the same terms as this mortgage and is for the same amount or more than the amount required to redeem this mortgage.

If the amount Royal Bank of Scotland lend you under the new mortgage with us is less than the amount needed to redeem this mortgage, Royal Bank of Scotland will refund that part of the early repayment charge which would have been payable on the amount replaced by the new mortgage.

UP TO 95% LTV AVAILABLE FOR REPAYMENT MORTGAGES (90% LTV FOR INTEREST ONLY).

Fast track is available for applications up to and including 75% LTV AND for

maximum loan of £500,000 AND where the customer is a UK resident and a UK

national.

Brokers have the option to carry out their own verification and

certification of clients' proof of identity and proof of address

documentation providing this meets the standard evidence set out within the

guidance for the UK Financial Sector issued by the Joint Money Laundering

Steering Group (JMLSG).

Please refer to the application tab notes for application packaging requirements.

All loans arranged on interest only must have a suitable plan in place to repay the capital by the end of the term. We do insist that the investment plan covers the full interest only amount and is identified on the application form. For applications in excess of £1m evidence of repayment vehicle will be required.

Guarantor mortgages are available subject to the following conditions: no Higher Lending Charge fee; no need to be a property owner; guarantee for only 30% of the loan is required and Guarantor must have adequate life insurance.

Product is not CAT standard.

If you choose make an overpayment on this mortgage you may be liable to an early repayment charge. The amount of this charge will be based on the calculation method detailed in Section 10 of this illustration and the amount of the overpayment.

Overpayments are allowed up to 10% of balance outstanding per annum.

You benefit immediately from overpaying directly to your mortgage: This is because if you make an overpayment or lump sum payment then the amount you owe, and so the amount of interest you pay, is reduced immediately.

Capital Rest Period : Daily

Repayment Yes

Endowment Yes

PEP Yes

Pension Yes

Interest only (no RV) Yes

With Profits No

Unit Linked Yes

ISA Yes

Split Repayment Yes

Threshold 90.01% LTV

upto 95.00% - 8.95%

upto 100.00% - 12.00%

Basic:

upto £100,000 - £140

upto £250,000 - £200

upto £500,000 - £320

upto £750,000 - £540

upto £1,000,000 - £670

upto £1,500,000 - £950

upto £2,000,000 - £1400

Homebuyers:

upto £100,000 - £280

upto £250,000 - £400

upto £500,000 - £590

upto £750,000 - £820

upto £1,000,000 - £990

upto £1,500,000 - £1400

upto £2,000,000 - £2350

Special:

upto £100,000 - £560

upto £250,000 - £705

upto £500,000 - £880

upto £750,000 - £1230

upto £1,000,000 - £1525

upto £1,500,000 - £2350

upto £2,000,000 - £3525

Higher Lending Charges can be Added

There is an additional £75.00 valuation administration fee.

For properties valued over £1 million please refer to Royal Bank of Scotland.

Please refer to Royal Bank of Scotland for any additional fees which may be charged on final redemption such as Deeds Release and administration fees.

Higher Lending Charges are calculated on the difference between 75% of the value of your home and the amount you wish to borrow. Added fees will not be included in this calculation.

Valuation Admin Fee - £75.00 Payable upfront.

Remittance Fee (Purchase) - £30.00 Payable on completion. This is an administration fee when the loan proceeds are issued to the solicitor and is deducted from the amount sent.

Lender Conveyancing Fee - £117.50 Payable on completion. The Lender Conveyancing Fee is the cost of legal work carried out for us as the lender and not the overall solicitor's fees for the whole transaction. The figure shown here is an estimate based on the average fee charged. Please check the actual charges with your chosen solicitor as they may vary depending on the property.

Freehold Flat Yes

Purpose Built Flat Yes

Converted Flat Yes

Flat Over Shop Refer

Maisonette Refer

Studio Flat Yes

Flying Freehold Yes

Thatched Refer

Timber Framed Yes

Concrete Yes

Agricultural Tie Yes

Flat Over 4 Storeys Yes

Listed Building Refer

Max Discount% 100

Max Market Value%

For all New Build properties, the total amount of builders' incentives offered against a property will now be deducted from the advertised purchase price to give us a 'net purchase price'.

The maximum LTV on New Builds will be 85%, which will be calculated against the lower of either the 'Net Purchase Price' or the valuation figure.

Freehold flats and flying freehold are restricted to 95% LTV.

Royal Bank of Scotland will lend on flats of up to 5 storeys. Please refer for anything over this.

Vendor deposits not accepted.

For new build property purchases, the lender will require a valuation to be undertaken by one of our panel valuers.  If the property has not been completed, the valuation may be completed on the plans, the plot or the partially built property;  in such cases the lender will require the solicitors instructions to include a completion / habitation certificate to be in place when requesting the funds.

Accepted Locations : England, Scotland, Wales

Bank Statements 3 months

At Least 3 Months Pay Slips No

P60 No

Proof Of Residency Yes

Life Policy To Be Assigned No

Previous Lender References No

Buildings Conditional

Min Loan £25,000

Max Loan

Max Portfolio of BTL Loans £2,500,000

Min Age 18 years

Max Age 70 years

Min Term 3 years

Max Term 52 years

Foreign Citizens Not Accepted

Ex-Patriates Not Accepted

Based on Income > 0

4.9 + 0 or 4.9 joint < 95% LTV

Min months in current position 1

Min months in continuous service 6

Min no. of years accounts 2

Average years taken to calculate income 2

Will consider declining profit No

The lender will assess all applications on an affordability basis . To see how much your client may be able to borrow, please view the mortgage affordability calculator at www.rbsip.com.

Hire Purchase Taken into account

Personal Loans Taken into account

Overdraft Refer to lender

Credit/Store Cards Taken into account

Child Maintenance Taken into account

Child Education NOT Taken into account

Extra Income:-

Other Income - Guaranteed Add 100% to income before multiply

Other Income - Regular Add 100% to income before multiply

Other Income - Irregular No

Investment Income No

Mortgage Subsidy Add 100% to income before multiply

Large Town Allowance Add 100% to income before multiply

Maintenance Payments Add 100% to income before multiply

Non Contributory Pension No

Car Allowance Add 100% to income before multiply

CCJs : Refer to lender

Defaults : Refer to lender

Arrears : Refer to lender

Bankrupt : Refer to lender , min months Discharged 36

Current IVA : Not Acceptable

Repossession : Not Acceptable

- Adverse credit : do not submit applicants who have three or more bad events, e.g. CCJs.

- For details what Lender will consider in case of financial difficulty PLEASE REFER TO LENDER

- The general principles of the Council of Mortgage Lenders' Statement of Practice on Handling Arrears and Possessions, including :

a) with your co-operation, developing a plan with you for dealing with your financial difficulties and clearing the arrears, consistent with both your interests and those of the Lender.

b) possession of your property will be sought only as a last resort when attempts to reach alternative arrangements with you have been unsuccessful.