Century Capital introduces significant rate reductions for its Century PLUS product.
- Available for loans ranging from £250,000 to £2.5m across England.
- New rates start at 0.89% per month for first and second charges under 65% LTV.
- These changes aim to enhance affordability and flexibility for borrowers.
- Reflects feedback from brokers to better meet market demands.
Century Capital has made significant strides in improving the accessibility of its lending products with the introduction of rate reductions for the Century PLUS offering. This adjustment comes as a response to market feedback, prioritising customer demand for better pricing structures.
The Century PLUS product, specifically targeting the residential property sector in England, now supports loans ranging from £250,000 to £2.5m. This broad range is designed to accommodate a variety of borrower needs, from smaller ventures to more substantial property investments.
With rates now starting at a competitive 0.89% per month, the product targets first and second charge loans with a loan-to-value ratio of below 65%. This adjustment not only makes the product more attractive but also aligns with market trends focusing on affordability.
Acknowledging the feedback from brokers, Ky Benjamin, Century’s head of lending, highlights the importance of combining value with the flexibility that Century is known for. The organisation’s aim is to position Century PLUS as a preferred choice for both brokers and borrowers by offering competitive and adaptable loan options.
Century Capital’s revised rates for the Century PLUS product underscore their commitment to providing flexible and value-oriented lending solutions.
