Mortgage News
Beverley BS offers limited edition 90 per cent LTV deal
Beverley Building Society has launched a 90 per cent loan to value (LTV) two-year fixed-rate deal at 2.99 per cent.
The low deposit mortgage comes with a family-assist arrangement. Both gifted deposits and guarantors are considered.
The deal, which can be used for a purchase or like-for-like remortgage, is available on a repayment basis only and comes with a fee of £995.
Overpayments of up to ten per cent are allowed during the product term, without early repayment charges.
The deal is available for a limited time.
Head of lending Graham Carter said: “We understand that higher-LTV mortgages continue to be a pinch point in the marketplace with just not enough deals available for people with lower deposits who, after all, are the engine room of the housing market.
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“With this latest addition to our fixed-rate range we’re aiming to continue filling that gap.”