Loan to Value (LTV)

LTV and maximum loan size

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

LTV	Maximum loan
60%	£5 million
75%	£5 million
80%	£2 million
85%	£2 million
90%	£1 million
95%	£750,000

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

Information:

We offer dedicated support for mortgage applications of £750,000 to £5 million, with upfront assessment by our Large Loans Underwriting team via your BDM, providing earlier certainty in the application journey. See how we support large loan cases.

Maximum LTV and loan amount can be affected by:

Application type
Number of mortgaged properties your client owns on completion
Property type
Purpose of the loan
Product limitations

Application and property type LTV limits

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

Coach houses and coach house flats This will reveal additional content

Concessionary Purchase or Genuine Bargain Price This will reveal additional content

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.

See our Concessionary Purchase or Genuine Bargain Price criteria for full detail.

Equity share This will reveal additional content

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.

Interest Only This will reveal additional content

New Build This will reveal additional content

Non New Build flats with lease of 90 years or longer This will reveal additional content

Non New Build flats and maisonettes with lease of less than 90 years This will reveal additional content

Restricted Resale Price This will reveal additional content

Right to buy This will reveal additional content

Second properties This will reveal additional content

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.

See our Second properties criteria for full details.