The 6 month rule - mortgage criteria

Conrad

Hello all,


where a property owned less than 6 months is being sold-on (all perfectly legit) by an individual (small time 'developer', just a basic renovation), which lenders other than Nationwide and Virgin will consider this?


I realise brokers do not like giving out lender names, but would very much value knowing if there are other lenders and who they are.


This would include both resi and buy to let options


I am told there are no other lenders.




Many thanks

ACG

There are a few.
My step brother does property renovations and sells them on, I put a list together for him, albeit a while ago so it may need some updating.

I can not give you that list but there more than 2 lenders. Some lenders say they will not do it, but actually will with a valid reason.