Residential Criteria Guide
Offer validity – new build
6 months, subject to valuation/reinspection.
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.