Following a full market review and in consultation with brokers and packagers, London Scottish has reduced its rates across the board to offer competitive products in the growing non-standard construction market place.
London Scottish considers more property types than any other UK lender, with many non-standard construction property types now accepted on the standard plans.
Martin Coates, sales and marketing director, commented: “This is great news for introducers and their customers. We fully expect this major price reduction along with the introduction of discounts right across the range to be exceptionally well received. In the current financial environment, where mortgage rates are rising, this price reduction is a clear indication of our commitment to leading this sector.”