TSB re-enters 95% LTV mortgage market

Essex Home Finance
TSB is relaunching a range of 95% LTV mortgage products.
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TSB is relaunching a range of 95% LTV mortgage products.

The new products will be on the market from 7th April and will be available to first-time buyers and home movers.

TSB said product rates and fees will be announced in full ahead of the launch, but that customers can borrow up to £500,000.

Flats and new build homes will continue to be capped at 85% LTV.

Nick Smith, TSB’s head of mortgages, said: “We know that for many first-time buyers, raising a deposit is often the biggest challenge.

“We were one of the first lenders to return to offering 90% LTV during the pandemic, and we’re pleased to now reintroduce our 95% LTV range giving further options for first-time buyers and those wanting to move home.”

Original Article from Financial Reporter 23/03/2021

 justinm73.sg-host.com/95mortgages

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Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

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