Maeve Ward, Director of Commercial Operations at Central Trust
Specialist secured finance lender, Central Trust, has expanded its consumer buy to let mortgage product offering. From 15th July 2021, interest only payment options have been added to their pre-existing repayment product.
The move brings the lender in line with the industry and it is designed to encourage market growth.
Central Trust welcomes consumer buy to let mortgage applications from those that have become a landlord by circumstance, rather than by choice.
The lender is keen to help as many clients as possible to secure the funding they need and are keen to offer the right set of products, along with the best support delivered by their dedicated advisor team or, for intermediaries, the Central Trust mortgage desk.
Maeve Ward, Director of Commercial Operations at Central Trust, commented: “Central Trust recognised a lack of lender presence and wanted to address the balance by launching a set of consumer buy to let products.
“We introduced these changes to the market to support non-property portfolio landlords that were looking to capital raise against a security they had once lived in, or inherited alongside regulatory protection.
“By giving borrowers the ability to make interest-only payments, we are enhancing our criteria and strengthening the flexible lending approach that Central Trust is already known for.”
To find out more about Central Trust’s flexible approach to consumer buy to let mortgages visit: https://www.centraltrust.co.uk/buy-to-let-mortgages.
