Below is the latest product update from the Bath Building Society. The Bath range of products are available through our direct to lender mortgage club and our fees free packager.
Lending Criteria Changes
We now allow fixed term contracts where they have at least 24 months to run or a track record of 24 months and have at least 6 months to run.
We can now accept applications if the applicant has an active probationary period. The mortgage offer is issued with a condition that the customer must prove they have passed probation prior to funds released. This can be confirmed by the solicitors, or the customer providing a letter from employer.