To be eligible for a loan you must:

• be a permanent resident of England, Wales or Scotland
• have lived in the UK for at least three years
• be a homeowner with equity in your home
• be aged between 18 and 74 and won’t be 75 or over at the end of the loan term
• be in employment, self-employed, or retired and have an annual income of at least £20,000 (If you are self-employed please see below)
• not have had any County Court Judgements (CCJs) awarded against you in the last three years
• not have been declared bankrupt, had any Debt Relief Orders or gone through Individual Voluntary Arrangements in the last 6 years