Reference
·Primary source
BoT loan-to-value (LTV) macro-prudential cap timeline
Eased Apr 2024
The Bank of Thailand temporarily relaxed its loan-to-value (LTV) macro-prudential rules in April 2024 through end-2025, allowing 100% LTV financing on first homes priced under THB 10 million and 80-90% on second homes (previously capped at 70-90%). The original LTV framework dated to April 2019. Easing was framed as housing-market support; developers including AP, Sansiri, and Supalai welcomed the move. A reversion to the stricter regime is expected in 2026 absent further BoT extension.
Figure in context
The Bank of Thailand temporarily relaxed its loan-to-value (LTV) macro-prudential rules in April 2024 through end-2025, allowing 100% LTV financing on first homes priced under THB 10 million and 80-90% on second homes (previously capped at 70-90%). The original LTV framework dated to April 2019. Easing was framed as housing-market support; developers including AP, Sansiri, and Supalai welcomed the move. A reversion to the stricter regime is expected in 2026 absent further BoT extension.
The Bank of Thailand temporarily relaxed its loan-to-value (LTV) macro-prudential rules in April 2024 through end-2025, allowing 100% LTV financing on first homes priced under THB 10 million and 80-90% on second homes (previously capped at 70-90%). The original LTV framework dated to April 2019. Easing was framed as housing-market support; developers including AP, Sansiri, and Supalai welcomed the move. A reversion to the stricter regime is expected in 2026 absent further BoT extension.
Time scope
April 2024 - December 2025 (temporary easing)
Source basis
Primary source
Interpretation notes
What this tells you
The Bank of Thailand temporarily relaxed its loan-to-value (LTV) macro-prudential rules in April 2024 through end-2025, allowing 100% LTV financing on first homes priced under THB 10 million and 80-90% on second homes (previously capped at 70-90%). The original LTV framework dated to April 2019. Easing was framed as housing-market support; developers including AP, Sansiri, and Supalai welcomed the move. A reversion to the stricter regime is expected in 2026 absent further BoT extension.
What not to do with it
Easing applies to mortgage contracts dated 20 April 2024 through 31 December 2025; first-home buyers under THB 10M get 100% LTV.
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