Secure Trust Bank extends new build offer period

Published on

Secure Trust Bank Mortgages has increased its offer period for customers buying a new build property.

Offers on new build properties are now valid for 180 days and can be extended by a further 90 days in the right circumstances.

Secure Trust Bank’s standard offers are valid for 90 days, with a further 30-day extension available upon request.

Tony Hall, head of sales and marketing at Secure Trust Bank Mortgages, said: “New build properties play an important role in helping to deliver the extra housing we so desperately need and buyers will often purchase a home off-plan, months before the building work is completed.

“At Secure Trust Bank, we have individual underwriting and flexible criteria, so that a strong case never goes ignored. By introducing a six-month offer period, with the potential for a further three-month extension, we are making it easier for customers who are underserved by the high street to buy a brand new home.”

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

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

REalyse reports 30% month-on-month growth as brokers and agents tap into AI tools

Proptech platform REalyse has reported a 30% month-on-month increase in agent sign-ups to its...

Cooling rental market signals shift in tenant behaviour as first-time buyers return

Tenant demand across Great Britain has dropped sharply, marking a significant turning point in...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Sellers cut prices as property market enters price-sensitive summer phase

Home sellers have reduced asking prices this month, signalling a shift in strategy as...

Latest opinions

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Other news

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Cooling rental market signals shift in tenant behaviour as first-time buyers return

Tenant demand across Great Britain has dropped sharply, marking a significant turning point in...

REalyse reports 30% month-on-month growth as brokers and agents tap into AI tools

Proptech platform REalyse has reported a 30% month-on-month increase in agent sign-ups to its...