Secure Trust Bank expands 90% LTV mortgage availability

Published on

Secure Trust Bank Mortgages has added 90% LTV products to its core range, with rates available from 3.74%.

Previously, the products were available only through specialist distribution partners of Secure Trust Bank.

The deals can be used for purchase and remortgage and there is a £0 product fee option available from 3.99%. The maximum loan size is £500,000.

Tony Hall, sales & marketing director at Secure Trust Bank Mortgages, said: “Earlier this year we launched our range of 90% LTV products as a semi-exclusive, available only through our specialist distribution partners.

“Demand has been high and we are really pleased to be able to introduce these mortgages as part of our core range.

“At Secure Trust Bank, we specialise in lending to borrowers with complex circumstances, such as the recently self-employed, contract workers or those who earn income from multiple sources, and we use empowered underwriters who see lending criteria as a helpful guide, not an insurmountable hurdle.

“The 90% LTV products also provide a £0 product fee option, which is particularly useful for brokers as clients looking for a high LTV mortgage would often prefer to pay a slightly higher rate than find the money for an upfront fee.”

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

More2life unveils Tailored Interest Reward lifetime mortgage

More2life has launched its latest lifetime mortgage, Tailored Interest Reward, designed to provide later...

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...

Other news

More2life unveils Tailored Interest Reward lifetime mortgage

More2life has launched its latest lifetime mortgage, Tailored Interest Reward, designed to provide later...

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...