Advance notice of reduction to BTL and HPP minimum finance amount and minimum property value

We are today giving brokers advance notice that the minimum finance amount and minimum property value are being reduced from tomorrow, Friday, 4 December 2020 on the following products:

Buy-to-Let (UK residents, UK Expats and International residents)

• Minimum finance amount has decreased to £75,000, from £150,000.
• Minimum property value has decreased to £100,000, from £230,000.

Home Purchase Plans (UK Expats and International residents)

• Minimum finance amount has decreased to £75,000, from £100,000.
• Minimum property value has decreased to £100,000, from £150,000.

All other aspects of our current range of Buy-to-Let and Home Purchase Plan products remain unaffected and can be found here.

Our teams remain available to deal with your queries via phone and email, details of which can be found here.