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Harpenden improves rates on self-build range | Mortgage Introducer
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Harpenden revamps self-build mortgage products
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Harpenden appoints northern region BDM | Mortgage Introducer
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Harpenden launches new joint borrower loan
By Gary Adams 27
Harpenden Building Society has brought out a new joint borrower sole proprietor (JBSP) mortgage.
It is available at up to 80% LTV for purchase, remortgage and equity release and 75% LTV for interest-only and part-and-part repayments, with a minimum loan amount of £75,000 and a maximum loan amount of £1m.
Up to four borrowers – directly family members only – may apply for the mortgage, which features no loan-to-income cap, using a full affordability assessment instead.
The JBSP offering comes in ten flavours, including variable rates and fixed rates. The former start from an initial rate of 2.85% for a two-year fix and the latter from 2.95% for a two-year fix.