Amber's near prime mortgages are now available up to 90 per cent loan to value (LTV) on a selection of fixed and discounted products over two or five year periods. Fixed rates start from 6.49 per cent and all near prime products are free from higher lending charges.
The lender has revealed it will re-introduce of the heavy adverse range, with rates starting from 8.49 per cent (a three year fixed rate). Full status and self-certification options are also available.
Mike Perry, associate director of sales and marketing at Amber, commented: “These product developments, along with our consistently fair approach to lending, reinforce Amber’s committed support of the intermediary market.
"The levels of applications and completions received to date in 2007 have been outstanding, in what has already proved to be a record year, and this product launch should help us to achieve a remarkable end to the year.”
