Intermediary News

Gatehouse continues to provide finance up to 65% FTV

Changes to our maximum Finance to Value (FTV), update on valuations and reduction in our SVR.


Due to not being able to carry out physical valuations (see below), we are unfortunately, with immediate effect, withdrawing our existing product range.

However, we are pleased to confirm our revised product range of Buy-to-Let and Home Purchase Plan products, up to a maximum of 65% finance to value, can be found here. Our revised product range also includes some changes to our minimum property values and maximum finance amounts.

For cases where a DIP has already been obtained for financing above 65% FTV, we will accept these as applications but they must be submitted by close of business today (1st April).

Existing applications already in the pipeline prior to this date will also continue to be processed under existing criteria.

In both the above scenarios, those cases that are over 65% FTV will unfortunately be paused once they have been underwritten until we are able to obtain a physical valuation.


In common with other lenders we have been advised by our Valuation Panel that following the Government’s recent advice regarding Covid-19, they will not be carrying out any new physical valuations and all booked appointments will be put on hold. However, in order to continue to provide our service for landlords and homebuyers, we are able to offer desktop valuations for finance of up to 65% finance to value, subject to certain property exclusions which are summarised here. These should be read in conjunction with the Home Finance Property Types – Guidance Notes for intermediaries. Please note, we will not be providing a copy of desktop valuations to brokers or customers, as these will be for the Bank’s use only.

Those valuations that have already been carried out will be reported back in the usual way.


Following recent reductions by the Bank of England to the base rate, with immediate effect we have today reduced our Standard Variable Rate (SVR) to 3.85%, down from 4.50% previously.

Customer Support

To help our customers we have also introduced a Payment Holiday Request Form and a homebuyer and landlord Q&A.

Our Service to You

Thank you for your continued support and patience during these testing conditions. Our teams remain available to deal with your queries via phone and email during these exceptional times, details of which can be found here.

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