New highlights include a two year fixed rate of 8.09 per cent for full status applicants and a two year fixed rate of 8.59 per cent for self cert. They are free of higher lending charges and sub-to-sub applications are accepted, with a maximum loan amount of £250,000 available.
Unlimited CCJs, defaults, and missed mortgage payments are accepted with repossessions, discharged bankruptcy, and satisfactorily conducted IVAs are accepted on this range.
Mike Perry, associate director sales and marketing at Amber, commented: “Our Unlimited Adverse range, previously limited to a maximum of 80% loan to value, has proved very popular with packagers and brokers alike over the years due to our keen pricing and underwriting criteria. We have listened to feedback and are pleased to announce the enhancement of the range by increasing the loan to value to 85%. Coupled with our consistently simple lending criteria, we hope that the Unlimited Adverse range will continue to help borrowers who have found themselves in financial difficulty to regain a sound footing.”
