Trinity secures access to Sainsbury’s Bank mortgages

by Aaron Strutt

Nov 10 2018

Trinity Financial has secured access to Sainsbury’s Bank competitively priced mortgage range.

The bank is owned by Sainsbury's supermarket chain and provides a range of other financial services including loans and credit cards.

Sainsbury’s provide residential and buy-to-let mortgages in England, Scotland, Wales and Northern Ireland. It caters for first-time buyers, next-time buyers and remortgages, plus second home mortgages.

Sainsbury’s Bank offers up to five times salary mortgages if you have a 15 per cent deposit, although this reduces to 4.5 times salary if you have a smaller deposit. It offers mortgages up to 95 per cent loan-to-value if you are purchasing a property or 90% loan-to-value if you are remortgaging. If you are raising funds to consolidate debt, the mortgages are capped at 75 per cent loan-to-value.

Aaron Strutt, product director at Trinity Financial, says: “Sainsbury’s Bank is relatively new to the mortgage market, but its fixed rates regularly undercut the mortgages offered by the biggest banks and building societies. 

“Each residential mortgage comes with a free standard property valuation and a soft footprint decision in principle. There is a range of two and five-year fixed rates with arrangement fees between £0 and £1,495.”

Call Trinity Financial on 020 7016 0790 to secure a mortgage through Sainsbury’s Bank