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.