Among the selection on offer is a range of Super Heavy Adverse products with unlimited adverse acceptable; including a two-year fixed rate of 6.99% available on a full-status basis up to 80% loan-to-value (LTV).
The Super Heavy range also offers a selection of two-year discounted and fixed rate products for both full status and self-certifying borrowers, including cash-back options. The range is available on a non-conforming to non-conforming basis either direct or packaged, with 1% procuration fee payable on direct applications (maximum £10,000). Unlimited CCJs, defaults and missed mortgage payments are accepted, along with discharged bankruptcy, repossessions and satisfactorily conducted Individual Voluntary Arrangements (IVAs).
Mike Perry, associate director sales and marketing at Amber, commented: “This range of products emphasises Amber’s appetite for business from intermediaries, both direct and packaged.
“We are thrilled with the response that our product range has received from the intermediary market during the first quarter of 2007, reflected in the fact that our application levels are up 100% on this time last year. We are looking forward to continuing to build upon our reputation as a key lender in the non-conforming and self-certification markets with the new product range.”
