We define new build as properties that have been built within three years of the mortgage application or are properties to be occupied for the first time.
Any new build or second hand properties under ten years old must hold an acceptable builder's guarantee which is valid for the first ten years (e.g. NHBC or other) or Final Architect's Certificate.
The maximum loan to value for this property type is 90% subject to LTV policy.
Loan offer valid for 6 months.