Intermediary News

Maximum FTV levels increased to 75% on BTL and HPP.

We are pleased to advise that we have made a number of changes to our Buy-to-Let (BTL) and Home Purchase Plan (HPP) offering. Key highlights include:

Buy-to-Let products for landlords – purchase and refinance

  • Finance to Value (FTV) increased to 75%, up from 65%
  • Finance for HMOs/MUFBs (Max. FTV 70%) - England only
  • New builds and apartments above 6 storeys now available in England, due to physical valuations now being available
  • Maximum finance amount increased to £5m in England (£750k in Wales)
  • New products launched offering competitive rates.

Home Purchase Plan products for home purchase and refinance

  • Finance to Value (FTV) increased to 75%, up from 65%
  • Finance for new builds and apartments above 6 storeys now available in England, due to physical valuations now being available
  • Maximum finance amount increased to £2.5m in England (£750k in Wales)
  • New products launched offering competitive rates.

Please note that to provide advice on HPP products you are required to hold specific HPP permissions with the FCA.

Our products remain available to UK Residents, UK Expats and International Residents looking to purchase or refinance property in England or Wales.

You can view all our products here