The Tipton adds 90% LTV products to expat resi range

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Tipton & Coseley Building Society has added a selection of 90% loan-to-value (LTV) products to its expat residential mortgage range.

There are two- and five- year fixed rates available, plus a variable rate option presented as a two year discount.

The Tipton’s two-year fixed residential expat mortgage at 90% LTV has a rate of 5.75% and a £1,400 arrangement fee.

The five-year fix also has a rate of 5.75%, while the two year discount is priced at 5.90%.

In addition, the society has updated its offering for expat buy-to-let (BTL) borrowers, introducing two year fixed rate deals at both 60% and 80% LTV.

These have rates of 5.90% and 6.00% respectively and sit alongside a choice of three- and five-year fixed rate options, as well as a two-year discount.

Existing 85% LTV products are retained, with rates starting from 5.39%.

Tipton head of product and sales operations Becky Wheeler says: “We are pleased to be extending the opportunity to purchase a home in the UK to a wider number of expats.”

“Increasing our maximum LTV to 90% means a smaller deposit is required. This creates more choice within the segment for brokers and their clients, who may be able to buy sooner as a result.”


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