This website is for professional Intermediaries only – Northern Ireland

Property - Lending Criteria





Co-Ownership

We accept Co-Ownership applications.




Leasehold

If leasehold, the property should have an unexpired term of more than 85 years at application. Where the remaining leasehold is less than 85 years, please contact us before submitting an application.




Property Types

We generally accept applications for a property of standard construction, containing a minimum of two bedrooms. High rise flats/apartments, bespoke construction types, or properties with access or residency anomalies or restrictions will not normally be considered.




Property Valuation Calculator

For remortgages (switchers), to give an indication of approximate property value in the absence of local house price knowledge, you may use Property Valuation Tool. However a professional valuation will be required and the value from this will be used for pricing and collateral purposes.

Download Property Valuation Calculator




Self-Build

Self-build Mortgages are available through our direct channels. Please refer the applicant(s) directly to us.

We will, however, consider applications for converting the applicant(s) Self Build facility to a mortgage when the home is nearing completion.




Shared Equity

We do not currently offer shared equity mortgages.




Valuation

A Professional Valuation is mandatory for all purchase, remortgage (switcher) and Co-Ownership applications. If the customer is an existing Danske Bank mortgage customer switching products, they will not normally require a professional valuation. The bank will appoint a valuer who will undertake the valuation. Please contact us if a client would prefer / requires the following:

  • Home Buyers Report
  • Full Structural Survey

The valuation fee will always be paid by the applicant(s). If, for any reason, the loan does not drawdown, the applicant(s) will still be required to pay the valuation fee.

The valuer appointed will contact the customer by phone to arrange payment directly to the valuer, prior to carrying out valuation of the property.

Please note for co ownership purchases we will appoint a valuer. Valuations completed by / for Co ownership are not acceptable