Unacceptable loan purposes
Unacceptable loan purposes include:
  • Property purchase
  • Deposit for property purchase
  • Buying or putting down a deposit on a static caravan
  • Purchase of land
  • Any business purpose
  • Any payment in arrears
  • Any tax avoidance arrangements
  • Court or solicitors fees
  • Gambling
  • Household bills, rent or a mortgage payment
  • Purchase of shares or other investment funds
  • Car tax.