We’ve increased our loan size on repayment to £3m (75% LTV) and £1m (90% LTV), helping customers with complex incomes borrow more and secure their future homes.
Here’s how maximum loans and LTV on repayment look now:
- £1m at 90% LTV
- £2m at 85% LTV
- £2.5m at 80% LTV
- £3m at 75% LTV
Together with increasing maximum LTV to 80% (up to £2m) on Interest Only last week, our aim is to boost affordability.
These enhancements are available across our Resi and Resi Retire product ranges with immediate effect.
Register or place a case with us here
Insight from our head of business development, Emma Graham following the enhancements:
“We know complex incomes are increasingly becoming a challenge for brokers who are trying to do the best for their clients.
We’ve also seen borrowers with the desire to skip the starter home and get straight into their forever home, something these criteria enhancements will support.”
Find out more – speak to a local BDM
