Product criteria for automated property valuations (AVM)
Subject to product availability
- Only available in England and Wales
- Max. loan up to 75% LTV - £562,500
- Max. property value - £750,000
- Max. storeys in a block - 6
- Properties must be of standard construction
- If the property is leasehold - the lease must have at least 85 years remaining at completion
- Property must be owned for 6 months before remortgaging
Exclusions:
- Self-build properties
- New build properties
- Properties in buildings over 6 floors
- Property with cladding
- Holiday lets
- HMOs and MUFBs
- Ex-local deck access
- Trading companies
Please note we reserve the right to instruct a full valuation, even if the AVM passes