What is the maximum LTV for an additional borrowing application?

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  1. What is the maximum LTV offered by the Society?
  2. What is the maximum LTV for an interest only mortgage?
  3. What is the maximum LTV for former Local Authority property?
  4. What is the maximum LTV for a Northern Ireland Co-Ownership Housing Association (NICOHA) mortgage?
  5. What is the maximum LTV for guarantor cases?
  6. What is the maximum LTV for a buy-to-let mortgage?
  7. What is the maximum LTV for a self build mortgage?
  8. What is the maximum LTV for an additional borrowing application?

1. What is the maximum LTV offered by the Society?

Maximum LTVs are:

  • 95% for a house
  • 70% for an apartment

2. What is the maximum LTV for an interest only mortgage?

The Society’s maximum LTV for an interest only (or part interest only) loan is 75%. The Society will only consider interest only (or part interest only) loans which have a credible repayment strategy in place.

3. What is the maximum LTV for former Local Authority property?

The Society’s maximum LTV for former local authority property is 80%.

4. What is the maximum LTV for a Northern Ireland Co-Ownership Housing Association (NICOHA) mortgage?

For NICOHA cases the Society’s maximum advance is 90% of the equity.

5. What is the maximum LTV for guarantor cases?

The maximum LTV the Society will consider in guarantor cases is 80%.

For more information please refer to our Lending Criteria

6. What is the maximum LTV for a buy-to-let mortgage?

The Society does not currently offer buy-to-let mortgages.

7. What is the maximum LTV for a self build mortgage?

The maximum LTV for self build mortgages is 75%.

8. What is the maximum LTV for an additional borrowing application?

  • For capital raising purposes: 70%
  • For debt consolidation purposes: 75%
  • For home improvement purposes: 85%

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