The latest Eu Home loan Borrowing Directive (MCD) arrived to force on twenty-first
Limitation LTV
The most LTV to have a simple domestic is actually 95%. The utmost LTV for a new make home is 85% and also for another build apartment is actually 75%, with the a domestic basis (at the mercy of range of products). The maximum LTV to own good remortgage in which there is venture capital try 90% (80% if you have one personal debt consolidation), and you can including to possess including remortgage are 90%. Along with get a hold of ‘Lending limits’
The maximum LTV to have a standard get-to-let try 75%.
