Second property

The Society will lend to borrower(s) who are looking to purchase a second home.

The property must be for use by the borrower(s) or their family and friends and must not be sub-let.

LTV is restricted to 75% capital repayment and 70% interest only and appropriate insurance must be in place to cover the property during extended periods of non-use.

The borrower(s) must meet the Society’s affordability criteria.