FAQs

What is the maximum you will lend on a mortgage?

The maximum we will lend will depend on how much of the property value you are borrowing (i.e. how much deposit you have):

  • 95% (i.e. 5% minimum deposit) - up to £250,000 (Maximum loan which may be further reduced by products specification)
  • 90% (i.e. 10% minimum deposit) - up to £500,000 (Maximum loan which may be further reduced by products specification)
  • 80% (i.e. 20% minimum deposit) - up to £1,000,000 (Maximum loan which may be further reduced by products specification)
  • 75% (i.e. 25% minimum deposit) - up to £1,000,000 (Maximum loan which may be further reduced by products specification)
  • 60% (i.e. 40% minimum deposit) - up to £2,000,000 (Maximum loan which may be further reduced by products specification)

A maximum of 85% LTV (excluding fees) will apply to new build houses and bungalows.

A maximum of 75% LTV (excluding fees) will apply to new build flats and maisonettes.

Properties built over 12 months ago – a maximum of 75% LTV (excluding fees) applies to studio flats, a maximum of 85% LTV (excluding fees) for flats and maisonettes and 90% LTV (excluding fees) applies to houses and bungalows.

For interest only mortgages, a maximum of 60% LTV (excluding fees) will apply where a suitable repayment vehicle is in place (please contact us for further clarification).

For self build and custom build mortgages, a maximum of 75% LTV (at completion of the project) will apply.