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.

Related topics:  Later Life,  Mortgages   |   Rozi Jones
|
23rd November 2021
equity release house plan mortgage sign house paper
"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.”

More like this
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.