90% LTV semi-exclusive products now available

We’re now offering new semi-exclusive products with Secure Trust Bank and can provide up to 90% LTV lending.

The 90% LTV products are available for purchase and remortgage, with rates from 4.04% for a 2-year fixed rate with a £999 product fee and 4.39% for a 2-year fixed rate with no product fee. The maximum loan size is £500,000.

House price inflation may be relatively flat, but there is still significant demand from clients for high LTV lending and often borrowers who are self-employed, contract workers or earn income from multiple sources have limited options in this area.

Secure Trust Bank specialises in lending to exactly these types of clients, with empowered underwriters who see lending criteria as a helpful guide, not an insurmountable hurdle.

The fees-free option on the product will be particularly useful as clients looking for a 90% LTV mortgage often prefer to pay a slightly higher rate than find the money for an upfront fee.

Sonny Gosai, Head of Specialist Lending, said: “There’s an increasing amount of clients who don’t have access to a large deposit, but have reliable incomes and need more sympathetic underwriting. This is a welcome move by Secure Trust bank, and we are delighted to be offering this new product to our brokers as part of a semi-exclusive deal.”

For more information either call us on 0800 316 2224 or email enquiries@cleverlending.co.uk