TSB have increased our maximum LTV for new build Residential and Buy to Let products from 16 November.
Maximum LTV for new build flats and maisonettes is now aligned to their maximum LTV for new build houses and bungalows at 85% LTV. They’ve also increased maximum LTV on new build second homes, new build holiday homes and new build Buy to Let properties from 65% to 75%.
The maximum LTV is subject to credit score and the actual LTV offered may vary.
Here’s a summary of the changes:
To find out more about TSB’s lending criteria visit our website here.
TSB are helping First Time Buyers and Homemovers, offering lower rates on new build properties for Help to Buy, Shared Equity and Shared Ownership mortgages.
See their product guide here for more information.
See their products here.