95% LTV mortgage range unveiled by Sainsbury’s Bank.
Sainsbury’s Bank is the latest lender to have stepped into the 95% LTV mortgage market.
Their very newest range includes two mortgages for a fixed term of 2 years and two for a fixed term of 5 years.
All four products are available to first and second-time buyers, include a free standard valuation and cashback of £250 with mortgage rates starting from 3.49%.
The high-LTV market is expanding in the UK with new loans being added or existing packages being reviewed all the time. Other 95% LTV fixed term deals on offer include:
- Barclays 3 year fixed at 2.49% rising to 2.99% after April 2021
- Clydesdale Bank 3 year fixed at 3.59% rising to 4.95% after May 2021
- Yorkshire Bank 3 year fixed at 3.69% rising to 4.59% after May 2021
The duration of the fixed terms are usually for 2, 3 or 5 years although longer terms are available but at an LTV of between 50-80%.
If you are unsure as to what your most appropriate mortgage options may be, one of our advisors here at Deal Direct is on hand to discuss what’s possible.
For further information on what route-to-mortgage would be the best for you and your current circumstances, consult the mortgage experts, Deal Direct.
Chat online with us now or call 0800 048 8828.
