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.”

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

Halifax extends Club Lloyds mortgage discounts to broker customers

Halifax Intermediaries is introducing discounted mortgage products for eligible Club Lloyds customers, giving brokers...

ModaMortgages adds eight buy-to-let products at 80% LTV

ModaMortgages has introduced eight additional buy-to-let products at 80% loan-to-value (LTV), extending its options...

House price growth slows for fourth consecutive month

Average UK house prices increased by just 0.9% in the year to August as...

Accord reduces buy-to-let mortgage rates by up to 69bps

Accord Mortgages is reducing selected buy-to-let fixed rates by up to 69 basis points...

More South West areas fall below national first-time buyer price average

The proportion of local authority areas in the South West with first-time buyer house...

Latest publication

Other news

Halifax extends Club Lloyds mortgage discounts to broker customers

Halifax Intermediaries is introducing discounted mortgage products for eligible Club Lloyds customers, giving brokers...

ModaMortgages adds eight buy-to-let products at 80% LTV

ModaMortgages has introduced eight additional buy-to-let products at 80% loan-to-value (LTV), extending its options...

House price growth slows for fourth consecutive month

Average UK house prices increased by just 0.9% in the year to August as...