Skipton Building Society has confirmed a return to 90 per cent loan-to-value (LTV) mortgage lending tomorrow with two homebuyer products.
The fourth largest mutual lender returned to the 85 per cent market on 9 July last year.
The products include a residential five-year fix at 3.47% to 90% LTV with a £995 fee and a 3.62% with no fee both available for purchase and remortgage.
Alex Beavis, head of mortgages at Skipton, (pictured) said: “We’re delighted to be able to return to the 90 per cent LTV market, supporting movers, remortgagors and most importantly, first time buyers, with low deposit borrowing.”
He added: “We know that the availability of high LTV mortgages is vital to the wider health of the housing market and the launch of these new 90 per cent deals forms part of our continued effort to help more people realise their dreams of homeownership.”
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
