Maximum finance increase across our 90% and 95% FTV Home Purchase Plan products and change to Countries Checklist

We are pleased to announce two positive changes to our product range with effect from today.

Home Purchase Plan (HPP) products

We have increased the maximum finance level across our range of higher FTV Home Purchase Plan (HPP) products.

The maximum finance available on the 90% FTV HPP products has increased to £750,000, and on the 95% FTV HPP products, the maximum finance has increased to £600,000. 95% FTV products are available for purchasers only and not refinance.

Please note, to provide advice on HPP products you are required to hold specific HPP permissions with the FCA.

Change to Countries Checklist

We will no longer be accepting finance applications where the customer resides in China. In addition, you may remember that in a recent communication we explained we had a limited tranche of funds to offer finance to residents of China and Hong Kong, and this tranche has now been met. The tranche of funds for residents of Hong Kong only will reset as of 1 August, 2024.

Any existing DIPs for applicants residing in China are being withdrawn with immediate effect and will not be honoured. Existing Applications and Offers will be processed as normal as long as they meet the validity period of the application (90 days) and complete within the Offer validity period (120 days).

Our product range is available to UK residents, UK Expats, International residents and UK registered corporate entities looking for property finance in England and Wales. Our full range of products can be found here.

If you have any queries or require further information our team remains available via phone and email, details of which can be found here.

To review our current service levels, click here.

Thank you for your continued support.