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Large Loan with 90% LTV

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Hi,


After a bit of advice, probably from a mortgage broker.


We are looking to buy a property with a 10% deposit and need a loan greater than £500k


From looking at lenders acceptance criteria, I can see that most cap lending at £500k for a 90% LTV


Does anyone know those that don't?


Any advice welcome


Thanks

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The brokers on here won't list lender names for you, so the usual advice would be to seek out a broker and get advice yourself.

    Ask friends and relatives for a recommendation.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Landofwood
    Landofwood Posts: 765 Forumite
    Natwest don't cap at 90%, but they do reduce the income multiple to 4x for 500k+ loans.

    Lending criteria is here http://intermediary.natwest.com/home-options.asp?page=HOME/LENDING-CRITERIA/HOW-MUCH
  • amnblog
    amnblog Posts: 12,728 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Engage a broker who will assist you.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Dogz111
    Dogz111 Posts: 73 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    The Ipswich also do a product which I've found


    Originally we had had a conversation with the Skipton but looking at their underwriting criteria it appears to have changed and now caps at £500k at 90% LTV


    Few conversations to have tomorrow to get things agreed!


    Thanks for all the responses so far!
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