Central Trust unveils Family Let and Let to Buy ranges

Published on

Central Trust, the first and second charge mortgage lender, has launched a Family Let and Let to Buy range.

The family let range will be available up to 80% LTV, with the let to buy range available up to 75% LTV, loans from £10,000 up £250,000, across England, Scotland, Wales and Northern Ireland. Both allow up to two adverse status points in last 12 months.

This follows a series of enhancements across the Central Trust product range; over recent months it has increased its LTVs to 80%, extended the availability of its Consumer Buy-to-let (CBTL) mortgage proposition by making it available to borrowers in Northern Ireland, and enhanced its automated valuation criteria (AVMs).

In more recent weeks, the lender has revamped its front-end broker portal and developed its own origination platform.

Maeve Ward (pictured), commercial operations director at Central Trust, said: “As a lender, we are always looking for ways to make a positive impact in new and existing markets and in developing our proposition to offer additional choice and opportunity for our broker partners and their clients.

“The launch of our Family Let and Let to buy range certainly adds a new dimension to our lending proposition.

“These are not the most straightforward lending scenarios which is why we provide brokers with exceptional levels of support through our mortgage helpdesk and technologically advanced portal. Support which will help brokers provide alternative solutions through a more holistic lending approach.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

FCA updates on enforcement transparency

The Financial Conduct Authority (FCA) has provided an update on its enforcement transparency proposals,...

The Cumberland partners with Uinsure

The Cumberland has teamed up with Uinsure and will now use the fintech to...

LMS sees February growth in instructions and completions

The latest LMS Monthly Remortgage Snapshot for February 2025 reveals a 12% increase in...

The Right Mortgage announces details of 10th Anniversary National Training Event

The Right Mortgage has confirmed details for its flagship National Training Event, set to...

Other news

FCA updates on enforcement transparency

The Financial Conduct Authority (FCA) has provided an update on its enforcement transparency proposals,...

The Cumberland partners with Uinsure

The Cumberland has teamed up with Uinsure and will now use the fintech to...

LMS sees February growth in instructions and completions

The latest LMS Monthly Remortgage Snapshot for February 2025 reveals a 12% increase in...