Increased maximum term at 90% LTV
Your clients now have access to an increased maximum term on 90% LTV lending – back to 40 years.
Please remember that for FTB lending over 85% LTV, our enhanced criteria still applies.
We also accept fully gifted deposits at 90% LTV, making it easier for your clients to take their first step on the housing ladder.
For criteria details click here.
Stamp duty holiday deadline is 31 March 2021
Thank you for continuing to support your clients during this time and making sure they fully understand the importance of this date.
Please make sure you check our timescales and that cases are submitted with the paperwork we ask for.
Make changes to your case quickly
Did you know? You can now make a lot of changes to a case without needing to call us, including:
- Purchase price
- Loan amount
- Deposit details
New Build offer extensions
Offers are valid for 180 days, but remember for New Build applications we’ll consider extending this by 45 days, subject to eligibility.
To request an offer extension, please email us at:
Interest Only – Home purchase
Your clients now have the option to choose Interest Only or part and part repayment basis across our new purchase and remortgage product range.
Key criteria includes:
- A maximum of 60% LTV.
- Maximum 25 year term or planned retirement age, whichever is lower.
- Minimum income requirements of £75,000 for individual applicants or £100,000 for joint income applications.
- Minimum equity requirements based on region.
- Sale of main residence repayment strategy.