New-build lending criteria by lender
We track 86 lenders — 78 lend on new-build homes, 8 case-by-case, 0 don't.
Compare at a glance
| Lender | Builder gifted deposit | Gifted deposit family | ||
|---|---|---|---|---|
| Halifax | 95% | 85% | Case-by-case | Yes |
| Nationwide | 95% | 85% | Yes | Yes |
| NatWest | 95% | 90% | Yes | Yes |
| Barclays | 90% | 85% | Yes | Yes |
| Santander | 95% | 95% | Yes | Yes |
| HSBC | 90% | 85% | Yes | Yes |
| Accord | 95% | 90% | Yes | Yes |
| Skipton | 95% | 95% | No | Yes |
| Perenna | 95% | 80% | Yes | Yes |
| Virgin Money | 90% | 80% | Yes | Yes |
| Leeds BS | 95% | 85% | Yes | Yes |
| Coventry BS | 90% | 75% | Yes | Yes |
| TSB | 95% | 85% | Yes | Yes |
| Principality | 95% | 90% | Yes | Yes |
| Newcastle BS | 95% | 90% | Yes | Yes |
| Furness BS | 95% | 75% | Yes | Yes |
| Darlington BS | 90% | 90% | Yes | Yes |
Halifax
Nationwide
NatWest
Barclays
Santander
HSBC
Accord
Skipton
Perenna
Virgin Money
Leeds BS
Coventry BS
TSB
Principality
Newcastle BS
Furness BS
Darlington BS
Frequently asked questions
- Why do lenders cap new-build flats lower than houses?
- Flats carry more perceived resale and valuation risk, so many lenders lend 5–15% less of the price on a new-build flat than on an equivalent house. It is the single most common surprise for new-build buyers — compare the two columns above.
- Do builder incentives affect my mortgage?
- Usually only above a threshold. Most lenders tolerate financial incentives up to around 5% of the price before they start deducting the excess from the valuation, which shrinks the amount they will lend. Disclose every incentive on the UK Finance form.
- What warranty does a new build need?
- Almost every lender requires a recognised structural warranty (NHBC or an equivalent scheme) or professional consultant's certificate before they will lend on a new build. Check the warranty column for lenders that assess this case-by-case.
- How current is this lender data?
- Each lender's position is checked against its published intermediary criteria, and the review date is shown at the bottom of this page. Criteria change frequently, so always confirm with the lender or a broker before applying.
Data reviewed 2026-08-19.