New-build max LTV (houses)
up to 95% LTV
New-build max LTV (flats)
up to 80% LTV
Builder gifted deposit
Yes
| Criteria | Verdict | Detail |
|---|---|---|
| New-build max LTV (houses) | Yes |
|
| New-build max LTV (flats) | Yes |
|
| Builder gifted deposit | Yes | — |
| Gifted deposit (family) | Yes | — |
| Max LTV (standard) | Yes |
|
Source: lender intermediary criteria, every row verified on or since 2026-07-10 (most recent check 2026-08-19). Criteria change frequently — always confirm current policy with the lender or a broker.
Adviser's view
Perenna new-build mortgage criteria at a glance
- Max LTV (houses): 95%
- Max LTV (flats): 80% — one of the wider house-to-flat gaps among these lenders
- Builder-gifted deposits: accepted in the normal way, alongside gifts from family
- Product focus: long-term fixed-rate lending — suits clients prioritising rate certainty over maximum LTV
Perenna backs new-build houses to 95%, in line with the more generous end of the market, but flats sit considerably lower at 80% — one of the wider house-to-flat gaps among the lenders covered here, so it's not the natural first call for a new-build flat purchase specifically.
As a relatively new entrant built around long-term fixed-rate lending, Perenna is worth considering where a client's priority is rate certainty over the life of the mortgage rather than squeezing the last few points of LTV on a flat. Builder-gifted deposits are accepted in the normal way, alongside gifts from family, so incentive-led new-build purchases aren't ruled out.
Use the table above for the current positions and confirm the detail with Perenna before applying, particularly the flat LTV if that's the property type in question, since the gap to the house figure is wider than most clients will expect.
FAQ
Does Perenna lend on new-build properties?
Yes. Perenna lends up to 95% LTV on new-build houses, in line with the more generous end of the market, but caps flats considerably lower at 80% — one of the wider house-to-flat gaps among these lenders — so it isn't the natural first call for a new-build flat purchase specifically.
Why consider Perenna for a new-build purchase?
Perenna is a relatively new entrant built around long-term fixed-rate lending, so it suits clients whose priority is rate certainty over the life of the mortgage rather than the last few points of LTV on a flat. Builder-gifted deposits and family gifts are both accepted, so incentive-led purchases aren't ruled out.
From our sister site Mortgage Affordability. Open the check in a new tab.