Residential Criteria Guide

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New build

Offer validity – new build

6 months, subject to valuation/reinspection.

Builder deposit/incentive

Up to 5% builder deposit or incentive is allowable without deduction up to a maximum LTV of 75%. The maximum loan on a new build property with a builder’s deposit/incentive that is not being deducted from the purchase price is £1,000,000.

Help to Buy

Available to first time buyers only in England. Available to first time buyers and home movers in Wales.

Minimum 5% deposit from applicants own resources.

Family gifted deposit acceptable.


Region* Maximum purchase price Maximum Loan

England £600,000 £450,000

London £600,000 £450,000

Wales £300,000 £225,000

* Regional limits apply and may vary from time to time.
Maximum 75% LTV in England, Greater London & Wales.
Maximum age at end of term is 75 for Help to Buy products.
Purchase only. Not available for remortgage.
Please see Residential product guide for full details.