Max. aggregate borrowing with CHL Mortgages: £5m (with no limit on the number of properties/mortgages) Related words: portfolio exposure, risk, max, year, loan limit, borrow
Maximum term
30 years. Related words: Loan limit, most, length
Minimum term
5 years. Related words: Loan limit, least, length
Maximum Loan
Related words: Size, limit, amount, highest, most, LTV, MUFB, borrow
Minimum Loan
£25,001 Related words: Size, limit, amount, lowest, least
Assessment Rate
For products where the initial product term is less than 5 years, we will apply the higher of 5.50%; or the initial pay rate + 2.00%. For products 5 year fixed or more, we will apply the initial pay rate. For Lifetime Trackers we will apply the initial pay rate + 2.00% . Related words: …
Signing & dating documents
Please sign and date all pages of any documents being submitted as evidence. Related words: multiple, multi, signature, evidence, sign, date
Credit footprints
The DIP credit search is a soft footprint and doesn’t show on the applicants credit report. The full application will show a hard footprint. Related words: Decision in Principle, score, history, record