In addition, borrowers taking a rolling discount adverse credit product during the same period will receive £250 cashback.
The special offers, featured in Bristol & West Mortgages new adverse range, have been made possible by the lender’s recent through-lending agreement with Mortgages plc.
The range includes very competitive stepped and rolling discounts:
* Stepped — 3 year stepped discount with initial discounts up to 2.25% and no extended tie in
* Rolling — 14 months from completion, discounts up to 2%.
Neena Kithoray, product manager at Bristol & West Mortgages, said: "Fees assisted features are not normally seen on adverse credit mortgages, so this special offer is likely to prove extremely attractive. Our link with Mortgages plc is proving very popular amongst intermediaries as it allows us to offer a whole range of beneficial rates and features.
"The adverse credit market is one where we intend to use our considerable experience and expertise in servicing the intermediary market to create a compelling proposition.