One Family have announced a broker update, available to read below. Visit their website here or Contact us to see how we help brokers like you across the UK.
Announcement
Our Super LTV just got better…
Be the One who can
Here at OneFamily, we pride ourselves on our personal service; it’s what sets us
apart … so we wanted you to be the first to hear about some exciting new changes we’ve made to our Super LTV Lifetime Mortgage.
Be the one who can… with the enhanced Super LTV now offering:
- Added 2% Cashback – This can be used by your customers for a wide variety of purposes, such as contributing towards a financial goal, or even treating a loved one.
- Higher LTVs – We’ve increased our loan to value! Customers aged 70 could receive an LTV of 45.5%, with our maximum LTV of 58.5%, which is one of the highest LTVs in the market*, available to those aged 83 -100.
- Lower Interest Rates – We’ve introduced a new lower MER of 6.09%, alongside unlimited voluntary payments (up to the value of 10% of the initial loan amount).
And that’s not all!
We also offer free valuations on properties up to £1m in England and Wales; our ERCs are fixed and easy to follow (set on a sliding scale starting at 6%); and from the 9th year, the mortgage can be repaid without a penalty… so our Super LTV Lifetime Mortgage could be a perfect option for you and your customers to consider.
OneFamily Super LTV webinars – coming soon!
To support our launch, we will be hosting a new series of OneFamily Lifetime Mortgage webinars so you can find out how Super LTV works and we can respond directly to any questions you may have.