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House builder launches 95% LTV deal


Housing builder Kier Homes, has launched Step One + which offers its buyers a mortgage up to 95% LTV.

Housing builder Kier Homes, has launched Step One + which offers its buyers a mortgage up to 95% LTV.

The scheme works by offering potential buyers a Step One + secured loan combined with a traditional mortgage.

It is working with UK specialist leader Step One Finance Limited - a private limited company, to offer the loan.

It provides a top-up loan for customers to buy new building homes.

Step One offers up to 15% of the purchase price on top of a mortgage to a total LTV of 95%.

The Step One + loan is a secured loan product offerd with a 10 year term, which it says is at a competitive fixed interest rate and has no early repayment charges.

Upon viewing a Kier home, potential buyers will then be referred to Kier's nominated financial advisor.



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