90% LTV on New Builds - Which lenders?

TheMackem_2

Greetings,

Just a quick question as to which lenders are currently likely to accept 90% LTV on a new build based on the following:

The facts are:
Purchase Price: £179,999
Deposit: 10%
Combined basic annual salary: £47500 (+ additional unsocial hours pay)
No adverse credit
No debt at all (other than current mortgage)
New build property

We have a broker advising us currently who has named a couple of lenders, but I guess it doesn't hurt to cross check other peoples knowledge/advice/experience on this before committing to anything just to be sure they are comparing the full market.

I appreciate that 90% LTV on new builds are rare and we are limited to just a handful of lenders; but which ones?

Thanks in advance

Dave_Ham

https://forums.moneysavingexpert.com/discussion/4631833

TheMackem_2

Yep, searched before posting and found that one. It only names Skipton. Just wondering which others are out there?

welshwizard1927

Highest I've heard of on a newbuild without newbuy etc is 85%.

Numbernerd

We're going through The Nottingham Building society. There isn't a specific new build mortgage but the 90% fixed and discounted are ok with new builds. We went direct and so far it's all been very straight forward.

TheMackem_2

So,

Skipton
Hinckley & Rugby
Nottingham Building society

Any others anyone's aware of?

glosoli

Clydesdale and Yorkshire are 90% on new build house and 70% on new build flat

amnblog

glosoli wrote: »

Clydesdale and Yorkshire are 90% on new build house and 70% on new build flat

Clydesdale will only do 90% on a New Build House for selected builders through selected mortgage brokers.

It is an exclusive arrangement.

We can access it, not all brokers can.