New Build Information

We’re committed to supporting the New Build market, we know it's important to keep things clear and simple and we understand you need answers quickly and helping your clients buy their New Build home. In response to feedback from our broker partners we’ve made some improvements to our lending criteria to help your New Build business.

Definition of a New Build

We define a New Build as a property not yet constructed, purchased off-plan or in the course of construction or newly constructed where the property has not previously been occupied.

Key criteria:

  • We lend up to 90% LTV on Residential new build flats and houses in England and Wales
  • We lend up to 75% LTV on Buy-to-Let new build flats and houses in England and Wales*
  • Extendable offer period for new build - 7 months initial with 7 month extension 
  • We offer HTB Wales and HTB England up to 75% LTV on selected products
  • No mortgage commitment fees or completion fees
  • Architects certificate accepted up to 90% LTV

* Subject to lending criteria

Other Highlights:

  • Incentives - Builder's incentives (for example the payment of Stamp duty, legal fees, cashback. Mortgage subsidies.) are acceptable provided they are fully disclosed, taken into account by the surveyor and are on the UK Finance Disclosures Form. No maximum value cap for non HTB purchase. Please note that builders gifted deposits will be net off the purchase price.
  • Family gifted deposit accepted*
  • Non-EEA Foreign Nationals accepted*
  • Up to 4 applicants accepted with all 4 incomes*
  • Leasehold Houses and Flats accepted (min 85 years on the lease application) 
  • No credit score differential by LTV

*Subject to lending criteria

For full list of acceptable New Build warranty providers please refer to the UK Finance Mortgage Lenders' Handbook

View our Lending Criteria here


Your New Build Business Development Manager:

Contact our New Build BDM, Niki Willacott, on 07870 982196 or via email at

New Build Guide View information from our key criteria to our case packing checklist in our handy guide.

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