Central Trust has announced significant new changes to its residential and consumer buy-to-let mortgage propositions.

The first and second charge lender has increased the maximum LTVs on its 0 and 1 “status” products to 80%.

Another change sees the lender refresh its existing AVM criteria, now available for loans up to £100,000 at 75% LTV, subject to a confidence score of six and above.

Central Trust has provided secured loans, homeowner loans and second mortgages since 1988, with its customers ranging from people with excellent credit profiles, to those with adverse, poor or bad credit profiles.

“These new developments in our overall lending proposition are the latest set of improvements that we are bringing to market,” said Central Trust commercial operations director, Maeve Ward. “Our enhanced LTVs, together with positive changes to criteria, show how Central Trust continues to ensure it caters for a wide range of borrowers and their diverse requirements.

“In addition, our refreshed AVM criteria means a greater number of cases should progress more quickly than ever.

“Central Trust has a long track record of helping the underserved, as well as those that need to repair and rebuild, and those who have been victim of circumstance and require a second chance. Like many lenders in the specialist market, advisers will find that we are willing to listen to the applicant’s story and apply a common sense approach to lending.”

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