Secure Trust Bank Mortgages has increased its offer period for customers buying a new build property, making offers valid for 180 days with a possible extension of a further 90 days in the right circumstances.
Secure Trust Bank’s standard offers are valid for 90 days, with a further 30-day extension available upon request.
Tony Hall, head of sales & marketing at Secure Trust Bank Mortgages, said: “New build properties play an important role in helping to deliver the extra housing we so desperately need and buyers will often purchase a home off-plan, months before the building work is completed.
“At Secure Trust Bank, we have individual underwriting and flexible criteria, so that a strong case never goes ignored.
“By introducing a six-month offer period, with the potential for a further three-month extension, we are making it easier for customers who are underserved by the high street to buy a brand new home.”