New Build Mortgage Guide

Reviewed 2026-07-13

TSB new-build mortgage criteria

New-build max LTV (houses)

up to 95% LTV

New-build max LTV (flats)

up to 85% LTV

Builder gifted deposit

Yes

CriteriaVerdictDetail
New-build max LTV (houses)Yes
  • up to 95% LTV

Raised from 90% in Feb 2025

New-build max LTV (flats)Yes
  • up to 85% LTV
Builder gifted depositYes

≤5% of value; nothing above 5% acceptable; 5% own deposit always required

Gifted deposit (family)Yes
Max LTV (standard)Yes
  • up to 95% LTV

Source: lender intermediary criteria, last verified 2026-07-11. Criteria change frequently — always confirm current policy with the lender or a broker.

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