Dudley B.S. increase LTVs on specialist products available from TFC  - 01/03/2022 11:29

LTV increases across our specialist areas of lending!

 

We’re excited to share the launch of 13 new mortgage products across our Shared Ownership, Self-Build, Holiday Let and BTL product ranges! 

This improved product offering is another milestone in our journey to make our flexible approach to underwriting more accessible to a wider number of aspiring homeowners.   

The key changes we have made are; 

Shared Ownership 

  • Reduced interest rates from 3.99% to 3.49%
  • Increased LTVs from 90% of the share to 95% of the share

 

BTL and Holiday Lets

  • Increased LTVs from 70% to 80%, including Holiday Lets and Ex-Pat BTL products

 

Self-Build

  • LTVs increased from 80% to 85% for both the end value and land value 
  • Larger maximum loan size for our Eco-Self build products from £500,000 to £1,000,000

All new products also see the continued introduction of tiered early repayment charges. 


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