Clydesdale Bank – New Build

22nd of March 2018

Our dedicated support and market expertise

We want to lay the foundations to help your clients buy their new build home, as well as support the market. At Clydesdale Bank, we understand the time sensitive nature of new build applications. With our expertise in the market, we can help ensure that your clients will meet our criteria before their application is submitted.

How can we help?

We can lend up to 80% LTV for BTL New Build Houses.

Here’s what we class as a New Build:

• A property not previously occupied. For converted properties, it is where the property hasn’t been occupied since the conversion was undertaken;
• A property being sold or marketed by the builder or developer (regardless of whether it has been previously tenanted);
• Built within the 2 years preceding the mortgage application;
• Converted into a flat within the 2 years preceding the mortgage application as part of the conversion of a former mill, factory, school, church or council.

Our offers are valid for 180 days from the date of production and we have a dedicated New Build desk for new enquiries.

Why not give us a call today to see how we could help your customers.