Non-new build properties
The following table shows the maximum amount we can loan by LTV, property type and region for non-new build properties:
| LTV | Houses in London & South East | Flats in any location / Houses not in London & South East |
|---|---|---|
| 95% | ≤£700K* | ≤£500K* |
| 90% | ≤800K | ≤£500K |
| 85% | ≤£1M | ≤£1M |
| 80% | ≤£1M | ≤£1M |
| 70% | ≤£1M | ≤£1M |
*Lending to 95% LTV is allowable where the application meets additional criteria.
London and the South East includes areas I&J using the NUTS definition – see the Region section for more detail.
New build properties
The following table shows the maximum amount we can loan by LTV and property type for new build properties:
| LTV | New Build Houses | New Build Flats |
|---|---|---|
| 95% | - | - |
| 90% | ≤£500K** | - |
| 85% | ≤£500K | - |
| 80% | ≤£1M | ≤£1M |
| 70% | ≤£1M | ≤£1M |
**Lending to 90% LTV is allowable where the application meets additional criteria.
Remortgages
LTV is limited to 90% for all remortgages. Further limits apply to remortgages with additional borrowing.