Century Capital has introduced a series of rate reductions across its Century PLUS product range, launched earlier this summer.
- The rate reductions apply to loans ranging from £250,000 to £2.5 million, available for residential properties across England.
- Starting at 0.89% fixed per month, the new rates are more competitive for first and second charges below 65% loan-to-value.
- Head of Lending, Ky Benjamin, assures that broker feedback has been incorporated into these rate adjustments.
- The aim is to enhance Century PLUS’s flexibility and value, positioning it as a top choice for brokers and borrowers.
Century Capital, a notable financial entity in the mortgage sector, has introduced substantial rate reductions on its recent product line, Century PLUS. These changes have been initiated to cater to a broader spectrum of financial requirements, with loans available from £250,000 to £2.5 million for residential properties situated in England. The strategic decision to adjust rates comes as part of Century Capital’s ongoing commitment to delivering competitive financial solutions in the market.
The adjusted rates commence at 0.89% on a fixed monthly basis, offering an attractive proposition for both first and second charge arrangements that do not exceed 65% loan-to-value. Such adjustments are designed to enhance affordability for prospective borrowers, enabling them to secure financing on more favourable terms. This move aligns with the broader industry trend of adapting financial products to meet the evolving demands of consumers.
Ky Benjamin, who serves as the Head of Lending at Century Capital, highlighted the importance of broker input in this process. He remarked, “We have taken onboard broker feedback and are delighted to introduce these competitive, reduced rates.” This approach not only reflects a responsive attitude towards market feedback but also underscores the synergy between Century Capital and its network of brokers to deliver value-driven products.
The introduction of these reduced rates represents Century Capital’s strategic initiative to blend value with their well-known flexibility in customising financial deals. This effort is geared towards establishing Century PLUS as a preferred lending option amongst both brokers and borrowers. By integrating feedback and focusing on flexibility, Century Capital seeks to differentiate its offerings in a competitive market.
Century Capital’s strategic rate adjustments in the Century PLUS product exemplify their commitment to aligning financial solutions with market needs.
