Loan to Value (LTV)

If more than one LTV limit is relevant to the application, the lowest LTV will apply.

Check our product finder for availability and our current interest rates.

If more than one LTV limit is relevant to the application, the lowest LTV will apply.

Max LTV 90%
Based on the open market value.
The discount must be a gift, not a loan, and there must be no conditions attached to it.
The purchase can't be part of a recognised scheme, such as Right to Buy or Shared Ownership.
We don't require a deposit unless the loan exceeds our maximum LTV.

Dependent on scheme, minimum deposit of 5% of full purchase price required.
If customer is using FHTB loan towards deposit, this will not count towards minimum 5%
Max LTV 25% for builder schemes
Max LTV 50% for Government/Housing Association/Local Authority/ Developer and HCA co funded schemes (including Help to Buy - Equity Loan Scheme).
Subject to product availability restrictions.

See our Equity Share criteria for full detail.

Max LTV 85%
Max 85% LTV will apply if the client will own two or more mortgaged properties on completion. We'll treat this as a Second Property application.
This applies even if the client is purchasing or remortgaging the property to be their main residence.
For this purpose, we don't count background properties owned in an applicants Limited Company or Limited Liability Partnership.
Where your client has, or will have on completion, only one mortgaged property, standard LTV limits will apply.