We work very closely with Charlotte Skinner from Bond & Associated Financial Services. Her recent update to us, which we wanted to share with you, compliments and supports the very healthy levels of activity we have been experiencing locally.
Charlotte comments “On average, current rates out there:
90% Loan to Value : 2.74%
85% Loan to Value : 2.45%
60% Loan to Value : 1.03%
“Some key takeaways;
- We are starting to see 90% rates coming back, from around 6 different Lenders at the moment – one in which is exclusive to our Network only.
- NatWest are currently taking commission and bonuses into their affordability, Bond & Associates can secure reduced rates.
- It still remains difficult for those who are self-employed, and haven’t been working through lock down, but there is 1 lender who will accept 80% of the last 2 year’s averaged figures.
- Those who have been furloughed can use their furloughed income or full income if they are able to provide a return to work letter”.
If you are looking for financial advice, we would be delighted to refer you to Charlotte, just contact your nearest branch