Together raises maximum loan sizes and LTV ratios Mortgage Finance Gazette

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Together has lifted its maximum loan sizes across several commercial products.  

The specialist lender says its top loan sizes on commercial term products increases to £5m, with loan-to-value ratios at 70% for purchase and 65% for remortgage products.  

The firm’s buy-to-let top loan size also increases from £2.5m to £4.5m. 

It adds that the maximum non-standard property LTVs increases to 65% from 60% for all applicable products across commercial and personal finance, including first and second charge and BTL mortgages. 

For second charge homeowner business loans, the lender lifts its maximum loan size to £1m from £500,000 up to 70% LTV. 

Together director of intermediary sales Tanya Elmaz says: “Through increasing our maximum loan sizes we are able to offer our award-winning flexible-criteria products, alongside our speed of service, to even more customers. 

“Our confidence in the market is demonstrated by our strong appetite to lend, and our ability to provide funding on non-standard properties demonstrates the strength of our underwriting team.”