Secure Trust Bank expands 90% LTV mortgage availability

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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.”

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