Specialist residential mortgages: new product round-up

by | Oct 5, 2022 | Products

Specialist residential mortgages from 3.04%, 6 x income and more news

NEW product range with variable rates from 3.04% plus lending into retirement and interest-only options:

Features and benefits:

  • Up to 80% LTV for purchase and remortgage
  • Discounted tracker rates from 3.04%
  • Max age at maturity is 95 for capital repayment and 85 for interest-only
  • Joint borrower, sole proprietor available
  • Pension income considered
  • Minor historical adverse credit considered

SUBMIT THE SHORT FORM ON THE RIGHT TO ENQUIRE 

NEW product range launched for ‘underserved customers’ offering lifetime tracker rates from 2.49% +BBR and no ERCs:

Features and benefits:

  • Up to 85% LTV including first-time buyers
  • 5 – 40-year terms, max. age at maturity is 85 years
  • Interest-only options are available
  • No credit scoring
  • LTIs over 4.5 x income considered
  • Married borrowers, sole proprietors accepted
  • Adverse accepted varies dependent on the product – call for more information

SUBMIT THE SHORT FORM ON THE RIGHT TO ENQUIRE 

THERE ARE PRODUCTS AVAILABLE for those who are struggling to fit on standard affordability models:

  • We have lenders that offer 6 x’s income on a 5-year fixed-rate basis

SUBMIT THE SHORT FORM ON THE RIGHT TO ENQUIRE 

FOR MORE INFORMATION, CALL OUR RESIDENTIAL MORTGAGE TEAM 01277 508 959

SUBJECT TO STATUS. PRODUCTS AND CRITERIA ARE SUBJECT TO CHANGE AND WITHOUT WARNING.

FOR INTERMEDIARIES ONLY.

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