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last updated: 13-10-2008

Additional Information template for Large Loans

Where you have an application that brings your customer’s total residential lending with the Lloyds TSB Group to a sum of £750,000 or more, our underwriters are most likely to require some additional information before they make a decision to lend.

 

Our underwriters will, of course, ask you for any specific extra information they need on an individual case by case basis. However, as a guide, we’ve created an Additional information template for Large Loans that you can use to support your application.

 

Completion of the Additional Information template is not mandatory, and information not included on this form may still be needed. However, by sending it in with your Large Loan applications, you’ll undoubtedly speed up the application process. Even if you don’t choose to complete and submit the form with your application, you can use the questions on the form to give you an idea of the extra detail our underwriters may require to approve a Large Loan.

 

Once you’ve downloaded and completed the form, fax it to us – with all supporting documentation, including the Additional Information for Buy-to-Let Mortgages form – with a fax cover sheet to 0845 600 2367.

 

Loan to Value limits for high quality Large Loan applications are as follows:

 

Between £750,000 and £1 million

85%*

Between £1 million and £2 million

80%**

Between £2 million and £5 million

70%**

5 million and over

50%

*75% for buy-to-lets and 65% for buy-to-let new builds

** 65% LTV for buy-to-let new builds

 

Download the Additional information template for Large Loans

Format: PDF

File size: 41KB

 

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