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barclays family springboard mortgage what is maximum !oan

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Comments

  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes sorry, let me make it a bit clearer.

    The maximum LTV is 100%, so if the son does not have any deposit then 500K will be the maximum purchase price, however if a deposit is available then of course the purchase price could be higher - The minimum LTV is 90.01%.

    I had assumed the lack of deposit in the first instance.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Where does it say min LTV?
  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It doesn't on the main site, but this is from the intermediary site:
    "Applications to be submitted with a deposit from 0% to 9.99% (including any application fees)"
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