The Intermediary – February 2026 - Flipbook - Page 83
B RO K E R B U S I N E S S
Case clinic
TOGETHER
Together could support this applicant provided
they possess the right to reside and any relevant
visas. Deposits from Canada can also be accepted,
subject to the standard legal checks on the source
and origin of funds.
We could offer up to 75% LTV – potentially using
an online valuation – assuming the flat is not in a
building over six floors. If it is, the maximum LTV
we could offer would be 65% LTV.
WEST ONE LOANS
If the client is a British national returning to the
UK, then we could consider this on our Standard
range, subject to a full underwriting and a
verification of the deposit.
However, if they are a foreign national on an
appropriate visa, they will need to have been
residing in the UK for at least 24 months before we
could consider lending to them.
C AS E T WO
Joint application with one
applicant on probation
couple are aiming to purchase a property
worth £350,000 with a 5% deposit. The
first applicant earns £39,000 a year and
has been in their role for eight months.
The second applicant earns approximately
£45,000 but only started in a new job two weeks
ago. In light of this, they are still in a six-month
probation period.
Both applicants have good credit conduct, but
savings outside the deposit are limited. Despite
this, the couple are keen to proceed quickly before
their landlord increases rent.
A
FOUNDATION
Our maximum LTV available is 90%. If an applicant
is in their probation period and a first-time buyer
(FTB), we require at least six months in the role
and their income is disregarded.
If not in probation, and with a minimum of three
months employment history, income can also be
accepted.
UNITED TRUST BANK
UTB will not consider using income from an
applicant in a probation period. Therefore, whilst
still able to be party to the application, their
income is ignored. In this case, the first applicant’s
income on its own would be insufficient for the
loan they require.
GEN H
For this case to work, the second applicant will
need to show 12 months’ track record of a similar
income level in a similar role.
With this (and subject to our normal
underwrite), Gen H would be happy to lend.
THE STAFFORD BS
If the second applicant is in the same line of work
as they were previously, we can take a view on the
probation period.
If this is not the case, we would wait until the
probation period is completed before proceeding.
BUCKINGHAMSHIRE BS
The society may be able to consider this
application; however, completion would be subject
to confirmation that the applicant has successfully
passed their probationary period. This would form
a condition of the mortgage offer.
Alternatively, a Joint Borrower Sole Proprietor
(JBSP) arrangement could be explored if a family
member is able to support, provided there is a
suitable exit strategy in place.
Under this option, the probationary requirement
could be bypassed, however, the LTV would be
capped at 90%.
HARPENDEN BS
This is unlikely to be a case for us, as our max
LTV is 85%.
If this could work, we would need a minimum
of three years’ working history for the second
applicant due to the short timeframe in their
current role.
TOGETHER
Both could apply for lending with Together.
We accept applicants still in work probationary
periods, provided they have been in continuous
employment for the previous 12 months and also
supply us with their first payslip.
We could offer up to 75% LTV on a standard build
property.
WEST ONE LOANS
West One can accept applicants who are still in
their probationary period, however the second
applicant will need to have been in the role
for at least a month, in which case a referral →
February 2026 | The Intermediary
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