Right to Work

We provide funding for only working households (incl students) and/or registered business, and hence all potential borrowers require a right to work check, regardless of their nationality so long as you are UK resident. This must be conducted before credit application commences. For those individuals who hold a visa permitting them to live and work in the UK, there is also a requirement to undertake a further check at the point that permission expires.

A right to work check is carried out to validate if the person we are going to lend to has the right to live and work in the UK.


Why do we need to do checks?

Under the Immigration, Asylum and Nationality Act 2006 and the Immigration Act 2016, the University has a legal responsibility to ensure that all employees have the right to work in the UK. Checks on right to work must be carried out for every person the University intends to employ regardless of their race, ethnicity or nationality before they begin any work. If we do not comply with our duty to ensure our employees have the right to work in the UK, there are serious penalties for non-compliance:

• On-the-spot fines of up to £20,000 for each illegal worker employed.

• A maximum two year prison sentence and/or an unlimited fine if illegal workers are employed knowingly and/or a maximum five year prison sentence where you had "reasonable cause to believe" that an individual was not entitled to work in the UK by virtue of their immigration status.

Regulatory Compliance


The Financial Conduct Authority (FCA) does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, earned wage access schemes, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

Not all borrowers will qualify for a loan, and not all applicants will be approved for their requested loan amounts, and loan repayment periods vary by loan type also. We may use collection services for non-payment of loans.

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action. Loans are subject to status and affordability. Loan rates will depend on your credit profile. UK residents only.

Not all our loans require a collateral, but any property used as security, which may include your home or business (incl operating premises), may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

No Upfront Fees. All applicable fees are VAT inclusive.