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Santander raises LTV cap for flats

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Santander is raising its LTV cap on residential non new-build flats from 85 to 95 per cent for loans up to £350,000.

The maximum LTV will stay at 85 per cent for loans of more than £350,000.

The changes take place on 16 March.

The maximum 80 per cent LTV for new build flats will not change.

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