Track Record Quiz

A customer isn't allowed to put a deposit down on a track record mortgage

• True

• False

What is the maximum mortgage term we allow on track record?

• 50 years

• 35 years

• 25 years

• 40 years

what is the minimum age the applicant must be?

• 21

• 18

• 25

• 20

If the customer is doing a track record mortgage and will be getting 4% incentives from the developer, what is the maximum LTV we would allow them to have?

• 100%

• 95%

• 90%

• 85%

Do we allow gifted deposits on a track record mortgage?

• Yes

• No

How many months rental payments do we need to see the customer has made?

• 9

• 24

• 6

• 12

We don't allow customers to purchase a new build flat on a track record mortgage

• True

• False

The maximum loan we can offer is the lower of: The max loan based on rent using the borrowing calculator OR Maximum loan offered after completing the affordability calculator

• True

• False

How many months do we average the customers rent over?

• 12

• 6

• 3

• 9

if two customers, living separately, want to get a track record mortgage together. Would we allow this?

• Yes

• No