New build boosts

Builders can offer a range of incentives. So that your client can get the full benefit, we don’t put a maximum % limit on them.

We accept: 

• payment of stamp duty 
• legal fees 
• cashback or mortgage subsidies 
• vendor gifted deposits provided by developers 
  
  

Please note: we only accept incentives if they are fully disclosed and taken into account by the surveyor at valuation and are on the UK Finance Disclosure Form. Please note we're not responsible for any information contained on external websites. 

For vendors gifted deposits, we no longer 'net' the incentive off the purchase price reducing the deposit your client requires to secure their property.

If your client receives a builder’s gifted deposit, they will need to put down a minimum of 5% deposit from their own funds.

We’ll accept family gifted deposits, as long as: 

• it is documented that no repayment of the gift is expected.   
• the family member gifting the deposit has no legal interest in the property.

We’ll accept applications from clients who are supported by Help to Buy Wales.

Help to Buy Wales is an equity loan from the Welsh Government that your client can put towards the cost of buying a newly built home. It provides support to people who would not be able to get onto the property ladder without the scheme. 

Visit Help to Buy Wales for more information. Please note we're not responsible for any information contained on external websites.

We accept new build mortgage applications from: 

• Up to 4 applicants using all 4 incomes.
• Non-EEA foreign nationals.  
• Those who access help from their family using our Joint Borrower Sole Proprietor solution. 

We’ll accept a number of new build guarantee schemes: 

• NHBC 
• Building Life Plans 
• LABC New Home Warranty 
• Castle 10 
• Zurich Municipal 
• HAPM (Housing Association Property Mutual) 
• Premier Guarantee 
• Build-Zone structural warranty 
• Architects' certificates are acceptable subject to valuation and a maximum LTV of 90% 

For the full list of new build warranty providers visit the UK Finance Mortgage Lenders' Handbook. Please note we're not responsible for any information contained on external websites.