Remortgage purpose: Balance Swap (maximum LTV)

Our standard acceptability

70

Criteria definition:

Indicates the maximum loan to value (LTV) a Buy to Let we can accept where the remortgage purpose is a simple balance swap (no additional monies being raised).

Policy Notes:

The Society will lend up to 70% LTV although we will use a reduced rental calculation for £ for £ remortgages

Criteria categories:
  • Policy
  • remortgage purpose

Last updated:

29 August 2018