It is possible to borrow up to 90% of the purchase price of your new home, therefore you will need pay a deposit of at least 10%.
The upper amount we will lend is governed by the size of the loan in relation to the value of the property (LTV).
|
LTV |
Maximum loan amount |
|---|---|
|
85.01 - 90% |
£500,000 |
|
75.01% - 85% |
£1m |
|
< 75% |
Negotiable |
Unles otherwise stated, the minimum amount you can borrow at one of our special introductory rates is £25,001. If you want to borrow less than £25,001, you can borrow at our standard variable rate.
Loan To Value or LTV
The LTV is the amount you borrow on a mortgage as a percentage of the purchase price of the property or the valuation amount, which ever is the lower of the two.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, credit cards, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).
