Bath Building Society Residential

Flexible Lending Criteria: Bath Building Society is known for being more flexible than larger lenders. They assess each case individually, making it easier for brokers to place clients with complex income structures (such as self-employed or contract workers). 

Manual Underwriting: Unlike some automated systems, Bath Building Society uses manual underwriting, allowing for more personalized assessments, which is helpful for brokers working with non-standard applicants. 

No Credit Scoring: They do not rely on traditional credit scoring systems, which gives brokers a chance to place clients who may have lower scores but solid financial profiles. 

Interest-Only Options: Bath Building Society offers interest-only mortgage options, affordability is also calculated on this basis, unlike many High Street lenders. 

Affordability-Based Assessments: Their affordability models are often more lenient, allowing clients with high incomes but complex expense structures to secure higher loan amounts than mainstream lenders might offer. The minimum household income required is £20,000, and lending is generally based on a multiple of your income, ranging from 4.5x for incomes up to £50,000 and up to 5.0x for higher incomes.