We can help your later life clients: older borrowers can select any of our main range deals. Click here to find out more.

New Build Lending

Written by Ipswich Building Society

21 Nov 2018


First Time Buyers, New Build, Shared Ownership

1 min read

Our flexible new build proposition means we can consider a wide range of cases – from first time buyers with a gifted deposit to later life clients on an interest-only basis.

Here's an overview of how we can help your client:

  • We lend on new build houses up to 95% LTV across England and Wales
  • New Build flats considered up to 75% LTV in Suffolk, Norfolk, Essex, Cambridgeshire, Hertfordshire and London.
  • We accept up to 5% builder's incentive (provided there is at least a 5% deposit from other sources)
  • For shared ownership cases, we can lend up to 95% LTV on both new build houses and flats
  • We manually underwrite and don't credit score – we can consider some impaired/limited credit history

If your client has their eye on a new build property and is looking for a flexible, tailored solution, give us a call. Click here to view our residential mortgage range.

This article was published under our previous name of Ipswich Building Society. We changed our name in 2021 – get in touch if you have any questions.

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