OneFamily enhances 'Super LTV' lifetime mortgage range
OneFamily is refreshing its Super LTV Lifetime Mortgage offer by increasing its LTV ratios by 0.5%, whilst also adding a new 2% cashback.
"We’re now offering one of the highest LTVs in the market which, along with our cashback feature, means customers can realise more value from their homes"
Additionally, the fixed rate is being reduced, bringing its monthly equivalent rate to 6.09%.
OneFamily’s head of lending, Paul Bridgwater, said: “We’ve made a number of changes to our Super LTV Lifetime Mortgage that we believe will make this an attractive product for customers.
“We’re now offering one of the highest LTVs in the market which, along with our cashback feature, means customers can realise more value from their homes whilst still protected by our no negative equity guarantee.
“As always, we’ll continue to provide advisers with all the product information and support they need through our online Lifetime Mortgage Knowledge Hub or our helpline which has direct access to our underwriters.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules
Mortgage Rates
Average mortgage rates rise above 5% as market turbulence continues
