Loan to Value Criteria

The appropriate LTV is determined by the total amount of the mortgage (i.e. existing balance plus amount of Further Advance) expressed as a percentage of the lesser of the property value or purchase price.

 

Max LTV Table

 

Product Max LTV Details
Property value up to £250,000 Property value of >£250,000, ≤£750,000
Property value of > £750,000
First time buyer Max 95% Max 90% Max 80%
  • 95% finance is not supplied through Help to Buy
  • Max LTV is subject to repayment capacity
  • A deposit may not be required for Co-ownership loans, see Co-ownership section for further details
Home mover Max 95% Max 90% Max 80%
Switcher Max 95% Max 90% Max 80%
Co-ownership A deposit may not be required n/a n/a
Further advance Max 95% Max 90% Max 80%
New builds Max 95% Max 90% Max 80%
Self-Build Max 75% LTV
1 bed apartments Max 80% LTV