Buy-to-let policy
Allowable purposes
- We will consider additional borrowing for most reasons other than business purposes, stocks and shares, currency speculation, time-shares, ASU premiums and tax bills
- Allowable purposes include for the deposit on a new property, home improvements, secured or unsecured debt consolidation, paying off a help to buy equity loan in full, fully staircasing shared ownership
Maximum LTV
The maximum LTV for additional borrowing, including where it is for debt consolidation, is 80%.