Gatehouse Bank has brought its maximum finance to value limit back up to 75 per cent.

The lender lowered its FTVs to 65 per cent on 1 April this year.

The new limit applies to its home purchase plan and buy-to-let offerings, with the maximum property values considered for the former at £2.5m and the latter, £5m.

For other types of properties, such as houses in multiple occupation and multi-unit freehold blocks, the FTV limit is set at 70 per cent.

Gatehouse Bank director of home finance distribution Roger Evans says: “We are pleased to be able to offer 75 per cent FTV products at competitive rates for UK, expat and international customers.

“Customers who applied for finance between 65 per cent and 75 per net FTV, who have not had a valuation carried out, will see their applications proceed in earnest.”