Max loan size increases to £750k for residential and later life up to 75% LTV and self build too
We’re pleased to announce our maximum loan size will be increasing from £500k up to £750k for a selected range of products.
Products which will benefit from this increase include:
- Residential 2 Year 2.75% Fixed
- Residential 2 Year 3.24% Discount
- Later Life 2 Year 2.75% Fixed
- Later Life 5 Year 3.50% Fixed
- Later Life 2 Year 3.24% Discount
- Later Life 5 Year 2.49% Discount
- Self Build 2 Year 1.64% Discount (up to 80% LTV)
With loan sizes up to £750k, your clients will have the ability to borrow more funds at our standard rates – this may be of particular benefit to borrowers building their own home or “leapfrog buyers” looking to jump into a more expensive property straightaway.
All of our remaining products continue to have a max loan of £500k unless stated.
For borrowers looking to borrow up to £750k above 75% LTV, our specialist large loan products are available for residential cases up to 90% LTV.