A scenic view of the Lake District

Stuart and Nicola: Section 106 case study

Taking advantage of section 106 requirements

Who did we help?

Stuart and Nicola live in North Cumbria.  Stuart is a postman and earns £23k whilst Nicola is a trainer working in the care industry earning £20k.

What did they need?

Having been together some 12 years after Nicola relocated to the area from the Midlands, the couple were keen to purchase their first home together.

Why were they facing challenges?

The couple had a modest deposit and some outstanding credit so affordability was tight.

How did we help?

We worked with Stuart and Nicola’s broker to understand the detail of a section 106 restriction applied to the property.

This required the purchasers of the home to have lived in Cumbria for 10 years and in the town of the property’s location for a minimum of five years. We were pleased to accept their application and enable two local people to enjoy the security of owning their own home.


Could our understanding of section 106 requirements help one of your clients? Give our Furness for Intermediaries team a call on 0800 988 1561 or contact your Business Development Manager.

Read our latest articles


Residential Mortgage for Company Director

Manual underwriting helped overcome barriers created by a change in company directorship.

Day in the Life of an Underwriter

Introducing Karen and Holly, whose determination to make affordability work is helping countless brokers secure mortgages.

Collaborating With Our Peers to get the Market Moving

Emma Saint explains how lenders are working together to help our brokers and their clients.