Co-operative Bank Change Some Key Criteria

Co-operative bank are delighted to confirm that yesterday they implemented the first of many changes on some key criteria as a direct result of broker feedback.  Details below but everything is now live on the website and all our teams have been advised for processing.

  • Increase to 95% LTV on second hand flats – was 90% LTV
  • New build – 5% builder incentives plus any contribution to Stamp Duty/Land Building Transaction Tax (LBTT)
  • Allow spray foam insulation – associated controls applicable
  • 10 acres as standard – was 3 acres

www.co-operativebank.co.uk

T: 07730 094297