With property prices rising, it is becoming harder than ever for first time buyers to enter the market. At the Tipton, we’re here to help.

High Loan to Value (LTV) Lending

Our standard range of mortgage products allow for lending up to 95% LTV. We will also consider applications over 95% LTV via our specialist Family Assist mortgages. To qualify, a borrower’s family member must provide additional security in the form of a collateral charge against their property or depositing savings with the Society.

Manual Underwriting

We understand that some first-time buyers may not have built up a strong credit history, due to their limited time in the market. While automated credit scoring systems can penalise them for this, our manual underwriting approach allows underwriters to consider applications on a case by case basis, without any regard to your client’s credit score. As part of our process, your client’s application is subject to a credit search.

Affordability Calculation

Did you know Tipton does not annualise and deduct monthly commitments when calculating the LTI to support a mortgage application? These expenses are considered when accessing affordability, but our online calculator will assist you in determining the maximum level of borrowing. Click here to go to our calculator.

Terms and conditions apply. For more information and to discuss any potential cases, get in touch here.