The new range includes two light adverse mortgages with rates from 4.19%; two medium adverse mortgages with rates from 4.49%; and two heavy adverse mortgages with rates from 4.99%.
Commenting on the rate reduction, Mike Perry, head of sales and marketing at Amber Homeloans, said: “In January, for the first time, Amber launched a full set of light, medium and heavy adverse products. This range has proved extremely popular with customers and brokers and we are pleased to be able to reduce the fixed rate options by 0.8%. The new mortgages will offer customers in the non-conforming market an even more competitive deal.”
