Interest only BTL criteria
Interest only
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Loan and LTV limits
The following table outlines our current loan limits for both Interest only and repayment (capital and interest):
New build | ||||
---|---|---|---|---|
Borrower type | Loan up to £500k | £500k - £1m | Flats | Houses |
First time landlords | 80% (Excl. unsecured debt consolidation) | 75% | 75% | 75% |
Existing landlords | 80% (Excl. unsecured debt consolidation) | 75% | 75% | 75% |