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.