We’re pleased to let you know that we have increased the maximum loan size on the following exclusive residential purchase new build mortgage products for your clients:
- 3 year fixed to 80% LTV at 2.49%
3 year fixed to 85% LTV at 2.59%
With immediate effect the maximum loan size on these products has been increased from £500,000 to £750,000.
Both of these products are available for loan amounts over £80,000 with no arrangement fee and a free valuation.
Here’s a quick reminder of the key features of our new build mortgages range:
- Mortgage offer valid for 180 days
- Agreement in Principle online for residential capital and interest applications – discover your client’s borrowing potential in minutes
- Maximum LTV for residential new build flats is 80% and for new build houses 90%
- Maximum LTV for BTL new build flats is 70% and for new build houses 75%
- Competitive range of products up to 90% LTV
- Fee offers available – £0 arrangement fee on selected products
- Builder incentives considered on a case by case basis, e.g. stamp duty, legal fees
For more information on our products or how we may be able to assist your clients, please contact your Relationship Manager.
