Residential policy
We can lend on a second home (second residence, holiday home, home for a dependant relative) up to 80% LTV. We may be able to go higher than this if the main residential mortgage is at a lower LTV but please check with us before applying.
If a customer has a second home in the background, we can lend on their primary residence up to 90% LTV.
We don’t apply aggregated loan to income caps but both mortgages and the costs of running two homes must be affordable.
You might want to check our interest only policy for sale of the property being mortgaged.