LTV & Lending limits

The table below provides the Loan to Value (LTV) Limits for mortgage applications

Lending limits 
95%

 

to £250k
90%to £750k
85%to £1m
80% to £2m

Adding the product fee will not affect the LTV limit.

 

Lending Limits

The lending limits stated below are subject to the availability of a suitable available product at any given time.

Loan TypeMax LTV
House Purchase95%
Remortgages without Additional Borrowing
(Clients must have owned property for at least 6 months)
90%
Unencumbered (Mortgage Free)90%
Transfer of Equity with Additional Borrowing80%
Transfer of Mortgaged Property (TOMP)N/A
Interest Only75%
Buy to Let75%
Second Homes/Holiday Homes75%
New Build - Buy to Lets/Second Homes/Holiday Homes65%
Shared Ownership - LTV restriction is based on the value of the share of the property the applicant is buying/will own (not the full market value of the whole property). 90%
Shared Equity - LTV restriction is based on the full market value of the property but the maximum loan within these parameters will be 95% of the value of their equity share90%
Remortgages with additional borrowing/capital raising
(Clients must have owned property for at least 6 months)
80%
New Builds (including flats)80%
Non EEA Nationals95%