The lender, which previously specialised in adverse, self-certification, 100 per cent loans and buy-to-let mortgages, will be offering three prime three-year discounted mortgage products, with rates starting from 4.34 per cent.
The range comprises one loan offered at up to 75 per cent LTV with a 1.5 per cent discount off variable rate until 30 April 2007, with a pay rate of 4.34 per cent.
The other two products are a 90 per cent LTV, offered at 4.64 per cent and a 95 per cent LTV offered at 4.84 per cent, both also three-year terms, until April 2007.
Mike Perry, head of sales and marketing at Amber, said: “At Amber, we pride ourselves on being an innovative and fast-moving mortgage lender. Last year we added the hugely popular Bespoke Mortgage and a 100 per cent loan to our range and 2004 will be no different. We are delighted, therefore, to be able to add prime mortgages to the ever-growing list of Amber products, which brokers have at their disposal. In recent years, we have been successful in selling mortgage assets to regional building societies. This area of business continues to be important to Amber so the addition of prime mortgages will allow us to build up a mixed portfolio for future sales.”
