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Both NatWest and Barclays have said that they will look to support new-build home purchases up to 95 per cent Loan To Value (LTV).

NatWest announced houses will see their maximum LTV increased from 90 per cent to 95 per cent, while flats will see their maximum LTV increased from 85 per cent to 90 per cent.

Barclays said the increase to LTV covers new-build houses with a maximum value of £600k.

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It added that the deposit must be sourced from the applicants' own funds, and that standard affordability and credit criteria apply.

Experts are mixed as to whether this is a positive or negative move by the lenders, with Darryl Dhoffer, Founder at Bedford-based The Mortgage Geezer , claim

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