Tipton & Coseley Building Society has added mortgage products for limited company landlords and expat borrowers, while raising its maximum loan-to-value ratio on an expat residential deal to 90%.
The lender has introduced a two-year fixed rate of 5.89% for limited company buy-to-let purchases at 70% loan-to-value (LTV), with a £1,999 fee.
Expat buy-to-let purchase mortgages now start at 5.14% for a two-year fix at 70% LTV. The arrangement fee is 2% of the amount borrowed.
For expat residential purchases, the society has increased the maximum LTV on its three-year fixed rate from 80% to 90%. The rate remains at 5.70%, with the fee unchanged at £1,499.
It has also cut its two-year fixed rate for expat residential borrowers at 90% LTV by 0.15 percentage points to 5.84%. The fee has fallen from £1,499 to £999.
Elsewhere, Tipton has extended end dates to 31 October for selected three-year fixed residential mortgages and five-year fixed shared ownership mortgages.
Jason Newsway, chief commercial officer at Tipton & Coseley Building Society, said: “We constantly review our product offering to ensure brokers and their customers have greater choice to meet their borrowing needs.
“This includes landlords operating through limited company structures, expat borrowers and customers looking to access a home via shared ownership.
“Our focus remains on providing flexible, accessible and competitive products that help brokers place more cases with confidence.”
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