90% and 95% FTV Home Purchase Plan products reintroduced
Great news! We have today reintroduced 90% and 95% finance-to-value (FTV) Home Purchase Plan (HPP) products available to UK residents only, including first-time buyers.
Key highlights include:
- Up to 95% FTV available for purchases only, including first-time buyers and home movers who are resident in the UK with a maximum finance of £600k available
- Up to 90% FTV available for both purchase and refinance to UK residents including first-time buyers and home movers with a maximum finance of £750k available
- All available on 2 year and 5 year fixed rates
- Up to 95% FTV on new build houses and up to 90% FTV on new build flats
- Our full HPP product range can be found here and our new Criteria for finance above 80% FTV can be found here
To provide advice on HPP products you are required to hold specific HPP permissions with the FCA. However, you may be able to refer your clients on an introduced basis, details of which can be found here.
As a reminder, we also provide home finance and Buy-to-Let solutions for UK Expats and International residents looking to purchase or refinance property in England or Wales, including but not limited to:
- 100% of overseas income accepted
- Over 200 locations worldwide
- No UK credit footprint or UK address required
- Top slicing, HMOs and MUFBs accepted
- New build houses and flats
- Finance up to £10m
- Portfolios - no limit on properties
You can speak to your local BDM and refer to our criteria guides for further information and eligibility.
To review our current service levels, click here.
Thank you for your continued support.