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Prestige launches 90% LTV range

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  • 12/04/2017
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Prestige launches 90% LTV range
Prestige Finance has launched a new 90% LTV tier for its Prime residential range.

The new range features rates from 9.9%.

The second charge specialist lender has also slashed rates on its near prime product range with cuts of up to 4.9%.

The range includes a new five-year fix rate available from 6.10% and variable rates available from 5.75%.

Darrell Walker, head of sales second charge and commercial lending, OneSavings Bank, said: “These market leading rate reductions have been introduced following feedback from our brokers. The changes we’ve made are a testament to our broker centric philosophy that enables us to react to market needs and evolve our specialist second charge mortgage range.”

Steve Walker, managing director, Promise Specialist Solutions added: “These are the best enhancements we have seen from Prestige for some time and suggest a bolder and more confident stance towards their position in the market.”

 

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