Residential policy
Maximum LTV by property value
| Property value | Maximum LTV | ||
|---|---|---|---|
| Full capital and interest | Interest only | Part and part | |
| Up to £600,000 | 95% | 75% | 85% |
| £600,001 - £750,000 | 85% | ||
| £750,001 - £1,250,000 | 80% | 80% | |
| Over £1,250,000 | 75% | 75% | |
- Maximum loan size £2m
- Full capital and interest shows the maximum LTV where the whole of the mortgage is on capital and interest
- Interest only shows the maximum LTV for the amount of the mortgage being placed on interest only
- Part and part shows the maximum total LTV for the mortgage where capital and interest is used to top up the LTV above the maximum LTV on interest only
Restrictions
- The maximum LTV for downsizing or sale of other property is 65%. This cannot be exceeded by using another repayment vehicle or capital & interest
- Product fees can be added to the loan, but the total borrowing must not exceed 95% LTV
- To check more specific LTV restrictions, view our policies on capital raising, debt consolidation, flats, interest only, new build, right to buy and second residences