You are here: Home -

Darlington raises out of area minimum loan sizes to deal with ‘unprecedented demand’

  • 17/09/2020
  • 0
Darlington Intermediaries is temporarily increasing the minimum loan size for mortgage applications outside the society’s operating postcode areas amid “unprecedented demand”.


The floor for out of area applications will be increased to £100,000, with the exception of shared ownership.

The society’s operating postcode areas are: DL, TS, DH, YO, SR and HG, where the standard minimum loan size of £25,000 will be maintained.

The change takes effect on 5pm 18 September, and applications where a DIP has been undertaken before the cut-off will still be accepted.

In a statement Darlington thanked broker partners for their continued support and patience through “this very busy period”.

Related Posts


There are 0 Comment(s)

You may also be interested in

  • RT @mortgagesols: #FinalistQuote - I’m so excited to have been nominated to represent what the Accord team has achieved in the last 12 mont…
  • RT @Rachel0404: Wales First Minister Mark Drakeford announces changes to COVID-19 restrictions in the country
  • RT @mansfieldbs: We asked over 2,000 members by email about the importance of local branches. 80% of respondents said they believed having…

Read previous post:
West One increases second charge LTVs to 75 per cent and ups loan size caps

West One is increasing loan to values to 75 per cent across both its residential and buy-to-let second charge lending.