More support for New Build

From Thursday 26 June, we're increasing the maximum LTV for those looking to purchase a New Build house or flat. This will be available to first time buyers and home movers.

Increased LTV limits

We will be increasing the maximum LTV for New Build houses to 95% and flats to 85%.

More support for first time buyers

With Helping Hand, first time buyers could borrow up to six times their income.

Improved offer period

To give more certainty to clients, we will be extending our offer period to 9 months on New Build properties.

• Applications offered from 26 June 2025 - are valid for 9 months (270 days). There is no extension available. A 15 day grace period will still apply subject to Certificate of Title (CoT) being received prior to original offer expiry.
• Applications offered before 26 June 2025 - are valid for 6 months (180 days). we will consider extending by 45 days which is subject to eligibility. The 45 days is inclusive of the 15 day grace period, subject to the Certificate of Title (CoT) being received prior to original offer expiry.