Available across the bank’s entire product range, these rates provide enhanced affordability and, for buy-to-let mortgages, increase the amount that can be borrowed for the same rental income.
Alison Walley, senior marketing manager at Heritable Bank, commented: “By increasing the loan-to-value requirement, we’re offering borrowers more flexibility while enhancing the rate and ensuring the self-employed and those with multiple sources of income can still secure financing.”