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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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