Important News from TSB: New Build maximum loan increased to 90% LTV

TSB has increased maximum loans to 90% LTV on New Build Houses and Bungalows effective from 25 April 2022.

After listening to broker feedback, 90% LTV is now available on all new build houses including Shared Ownership allowing up to 90% of the customer share of the purchase price.

To support this, the lender has launched the following New Build products:

  • 5 Year Fixed, 85-90% LTV, First Time Buyer and House Purchase
  • 5 Year Fixed, 85-90% LTV, Shared Ownership First Time Buyer and House Purchase

TSB is also helping First Time Buyers and Home movers by offering lower rates on new build properties with A-C EPC ratings.

New Build cases expert helpline

TSB’s multi-skilled case management teams now provide focussed support on a regional level. You can also reach specialists in new build and self-employed income cases using these regional contact telephone numbers.

Central and South: 0330 123 3292

London and South East: 0330 123 3289

Scotland and North: 0330 123 328

Telephone BDMs: 0330 1233291

The new product guide is attached, and is available for brokers from 25 April. For more information, please contact your National Account Manager.

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