You are here: Home - News -

Buckinghamshire BS offers 90 per cent LTV mortgages to members

by:
  • 28/09/2020
  • 0
Buckinghamshire BS offers 90 per cent LTV mortgages to members
Buckinghamshire Building Society is offering member-exclusive mortgage products at 90 per cent loan to value (LTV).

 

Borrowers can fix until 2024 at a rate of 3.39 per cent or opt for a three-year discount at 2.99 per cent. Both options come with a product fee of £999.

To qualify either the applicant or an immediate family member, must have been a Buckinghamshire Building Society member for a minimum of 12 months.

Immediate relatives can be either children, parents, grandparents, or grandchildren.

Chief executive Gerard O’Keeffe said: “In the current climate, it is very difficult to access mortgages without very large deposits and many lenders have withdrawn high LTV mortgages.

“We would like to offer our members access to a 90 per cent LTV mortgage product.

“We know that this is meeting a real need, particularly for first-time buyers and young people looking to get a foothold on the property ladder, who can afford mortgage repayments but do not have the larger up-front deposits now required in the market.”

 

There are 0 Comment(s)

You may also be interested in

Read previous post:
LendInvest ups max LTV and launches first-time landlord deals

LendInvest is now offering 80 per cent loan to value (LTV) products on standard properties with a maximum loan size...

Close