TSB Mortgage Product Guides are available here but check the date to ensure it has been updated to reflect the announcements below.
Important News from TSB: Lending criteria updated for all non-UK and Irish nationals
TSB has simplified its policy for Residential and Buy to Let mortgage applications where the customer is a non-UK or Irish national.
From 5 March 2021, the lending criteria previously classified non-UK and Irish customers into two categories:
- EEA and Swiss nationals, and
- Non-EEA nationals
This has been updated to align the following requirements for all non-UK and Irish nationals, removing reference to EEA/Swiss nationals and non-EEA nationals:
- Maximum permitted loan to value is aligned for all non-UK and Irish nationals.
- All non-UK and Irish nationals are permitted to use the ‘share code’ in addition to other acceptable forms of evidence.
For more information see our criteria.
Applications and DiPs started before 5 March, won’t be impacted by these changes.
If you have any questions, please contact your national account manager.