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Shared Ownership GENERAL SHARED OWNERSHIP Lender Policies for CLTs 1A 1B 1C 1D 1E 2A Extracted from Reviewed by websites lender Lends for Shared Lender Lends in England Lends in Wales Lends in Scotland Lends in NI If Partly , Where do they lend? Ownership? Bank of Ireland 09/09/2019 No Yes Yes Yes Yes N/a No Barclays 09/09/2019 05/02/2020 Yes Yes Yes Yes N/a Yes Bath Building Society 10/09/2019 18/11/2019 Yes Yes No No N/a Yes Buckinghamshire Building Society 28/08/2019 22/10/19 Yes Yes No No N/a Yes Cambridge Building Society 06/08/2019 23/09/19 Yes Yes No No See Comments Yes Danske Bank 24/09/2019 24/09/19 No No No Yes N/a Yes - See Comments Dudley Building Society 26/08/2019 23/09/19 Yes Yes No No N/a Yes Ecology Building Society 27/09/2019 24/10/19 Yes Yes Yes Yes N/a Yes First Trust 26/08/2019 22/11/19 Yes - See Comments Yes - See Comments Yes - See Comments Yes N/a Yes - See Comments Furness 26/08/2019 24/09/19 Yes Yes Yes No apparent reference Limited distribution for SO Yes Halifax (LBG) 26/08/2019 23/09/19 Yes Yes Yes Yes N/a Yes Hanley Economic Building Society 02/10/2019 23/10/19 Yes Yes Yes No Not shared ownership in Scotland Yes Ipswich Building Society 28/09/2019 07/11/19 Yes Yes No apparent reference No apparent reference N/a Yes Kent Reliance [One Savings Bank] 26/08/2019 23/09/19 Yes Yes No apparent reference No apparent reference N/a Yes Leeds Building Society 26/08/2019 25/09/19 Yes Yes Yes Yes Scotland - Mainland and Isle of Skye Yes Loughborough 02/10/2019 No Yes Yes No No Mainland only in England & Wales Yes Mansfield Building Society 08/11/2019 08/11/19 Yes Yes No No N/a Yes Melton Building Society 18/09/2019 15/11/19 Yes Yes Yes No Separate SO instructions - Scotland Yes Nat West 23/09/2019 No Yes Yes Yes Yes N/a No Nationwide 18/09/2019 25/10/19 Yes Yes Yes Yes N/a Yes - See Comments Newbury Building Society 26/08/2019 23/09/19 Yes Yes No No N/a Yes Parity Trust 02/10/2019 No Yes No apparent reference No apparent reference No apparent reference No apparent reference Yes Penrith Building Society 23/09/2019 08/11/19 Yes Yes Yes No apparent reference Scottish mainland only Yes Principality Building Society 29/08/2019 28/09/19 Yes Yes No No apparent reference N/a Yes - See Comments Progressive Building Society 23/09/2019 25/11/19 No No No Yes N/a Yes Santander 23/09/2019 18/10/19 Yes Yes Yes Yes N/a Yes Skipton Building Society 08/10/2019 08/10/19 Yes Yes Yes No apparent reference N/a Yes Teachers' Building Society 02/10/2019 No Yes Yes No No Except some smaller islands Yes Tipton & Coseley Building Society 23/09/2019 21/10/19 Yes Yes No No N/a Yes - See Comments Together 08/10/2019 No Yes Yes Yes No apparent reference N/a Yes TSB 25/09/2019 No Yes Yes Yes Yes Not SO in Scotland or NI Yes Virgin Money 24/09/2019 15/10/19 Yes Yes Yes Yes N/a Yes - See Comments Summary Summary Yes 29 28 16 13 Yes 24 Yes - See Comments 1 1 1 0 Yes - See Comments 6 Yes Total 30 29 17 13 Yes Total 30 No 2 2 12 11 No 2 No - See Comments 0 0 0 0 No - See Comments 0 No Total 2 2 12 11 No Total 2 No apparent reference 0 1 3 8 No apparent reference 0 N/a 0 0 0 0 N/a 0 Total 32 32 32 32 Total 32 Note: This information is derived from lender documentation (mainly information for mortgage intermediaries and mortgage instructions for conveyancers), and from lender feedback. 2B 2C 2D 2E 2F Lender Product Options Same rate or differentially priced Maximum LTV Maximum Loan Size (£) Re-mortgage from another lender? Bank of Ireland N/a N/a N/a N/a N/a Barclays Tracker and Fixed Same 95% share (purchase -see Comments) £10M + Yes Bath Building Society Fixed Different - Lower 95% / 75% (Greater London) No info Yes Buckinghamshire Building Society Discounted No apparent reference 95% of share £500K Yes Cambridge Building Society Repayment only Different 95% of the share £400k Yes Danske Bank No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Dudley Building Society Discounted No apparent reference 90% of share £250k Yes Ecology Building Society SVR (discounted if energy efficient) Same 95% of share or property value 4 x income No apparent reference First Trust No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Furness Fixed Different 95% of share £1m Yes Halifax (LBG) Repayment only No apparent reference 90% of share £500k 95%, £750k 90%, £1m 85% Yes Hanley Economic Building Society Fixed Different 95% of share £500k Yes Ipswich Building Society Discounted & Fixed Different 95% of share £500k Yes Kent Reliance [One Savings Bank] Fixed (repayment only) Different 100% of share £1m Yes Leeds Building Society Fixed Different 95% of share £500k Yes Loughborough Discounted & Fixed Different 95% (purchase), 90% (remortgage) £300k Yes Mansfield Building Society Discounted & Fixed Different - Higher 95% (90% Flats) £300k 95%, £350k 90%, £750k 75% Yes Melton Building Society Discounted & Fixed Different - Higher 95% of share £250k Yes Nat West N/a N/a N/a N/a N/a Nationwide Tracker and Fixed Same 90% of share £500k at 90% LTV (varies with LTV) Yes Newbury Building Society Yes Different 95% of share £300k 95%, £350k 90%, £400k Yes Parity Trust Fixed Different 95% of share £250k No apparent reference Penrith Building Society Discount Different - Higher 90% £250k Yes Principality Building Society Discounted & Fixed Different - Higher 95% (90% outside core area) £300k at 95%, £500k at 90% Yes Progressive Building Society Discounted & Fixed Same 90% £250k No apparent reference Santander Tracker & Fixed Same 90% of share No apparent reference Yes Skipton Building Society Fixed No apparent reference 95% of share No apparent reference Yes Teachers' Building Society Fixed Different - Higher 95% of property value £400k at 4 x LTI, £350k at 5 x LTI No apparent reference Tipton & Coseley Building Society Discounted & Fixed Different - Higher 90% of share £250k Only if staircasing to 100% Together Fixed & Variable No apparent reference 100% of share, 75% of value £250k No apparent reference TSB Tracker & Fixed Same 90% £750k at 90% LTV No apparent reference Virgin Money Fixed Different - Higher 95% (75% for new build flats) £2m Only if staircasing to 100% Same 6 Yes 20 Different 9 Only if staircasing to 100% 2 Different - Higher 7 No apparent reference 8 Different - Lower 1 N/a 2 No apparent reference 7 N/a 2 Other 0 0 Total 32 Total 32 2G 2H 2I 2J 2K Lender Requires use of Homes England Staircasing policy for existing Will lend where buyer can't Imposes conditions where purchaser Will lend where subsequent buyers Model lease (and if so, implications borrowers? purchase/staircase to 100%? cannot purchase/staircase to 100%? must be local? outside England) Bank of Ireland N/a N/a N/a N/a N/a Barclays Up to 85% LTV unless full ownership Yes Yes No Yes Bath Building Society Staircasing to 100% required Yes No N/a No apparent reference Buckinghamshire Building Society Yes No - See Comments No N/a Yes Cambridge Building Society Yes Yes Yes No Yes Danske Bank No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Dudley Building Society Yes - See Comments Yes No N/a Yes Ecology Building Society Yes No Yes No Yes First Trust No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Furness Yes Yes Yes No Yes Halifax (LBG) Yes No - See Comments Yes Yes - See Comments Yes Hanley Economic Building Society Yes No - See Comments No N/a Yes Ipswich Building Society Yes No Yes Yes - See Comments No apparent reference Kent Reliance [One Savings Bank] Yes Yes No N/A No Leeds Building Society Yes No No N/a Yes Loughborough No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Mansfield Building Society No apparent reference Yes - See Comments No apparent reference No apparent reference No apparent reference Melton Building Society Yes Yes Yes No No apparent reference Nat West N/a N/a N/a N/a N/a Nationwide Yes - see Comments No - See Comments Yes No Yes Newbury Building Society Yes Yes Yes Yes - See Comments Yes Parity Trust No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Penrith Building Society Yes No - See Comments Yes - See Comments No Yes - See comments Principality Building Society No apparent reference No apparent reference No apparent reference No apparent reference No Progressive Building Society No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Santander Yes No - See Comments No N/A No apparent reference Skipton Building Society Yes Yes No N/a No apparent reference Teachers' Building Society No apparent reference No apparent reference No apparent reference No apparent reference No apparent reference Tipton & Coseley Building Society Only to 100% Yes No No apparent reference No Together Yes No apparent reference Yes Yes No apparent reference TSB Yes No - See Comments Yes - See Comments Yes - See Comments Yes Virgin Money Yes Yes - See Comments No N/A No Summary Yes 10 10 1 12 Yes - See Comments 2 2 4 1 Yes Total 12 12 5 13 No 3 10 7 4 No - See Comments 7 0 0 0 No Total 10 10 7 4 No apparent reference 8 8 9 13 N/a 2 2 11 2 Total 32 32 32 32 2L 2M 2N 2O 2P Lender Will only lend if the shared Will lend if the original seller Imposes conditions where buyers Will lend where subsequent price is Imposes conditions where ownership mortgage is with a requires that the property must be must be local? limited? [e.g.
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