A Salt underwriter will work in-house at Complete’s premises. This addition brings Complete’s packaged lender panel to a total of 31 lenders.
Complete will offer Salt’s range of non-conforming and self-cert Swiss-Franc LIBOR trackers. Salt’s five-year Swiss LIBOR tracker is only available to Complete and a select group of other packagers and has interest rates starting at 4.79 per cent on prime deals and going through to 6.64 per cent on fastrack unlimited deals up to 80 per cent loan-to-value (LTV). A 2 per cent cashback bonus is paid to the borrower at the end of year three, providing all mortgage payments have been met within that period.
Salt’s three-year Swiss Franc LIBOR tracker also has rates from 4.79 per cent. Both these trackers are residential, owner occupied self-certification and non-conforming products denominated in pound sterling tracking the Swiss Franc three-month LIBOR. Salt’s core range of two- and three-year fixed rate mortgages, together with two-year Banl Base Rate (BBR) trackers will also be available via Complete.
Tristan Pile, head of sales and marketing at Complete, said: “Since its launch in November last year, Salt has impressed the market with some of the most competitive sub-prime and self-cert rates on offer, with products ranging from ‘prime self-cert’ through to ‘unlimited adverse’ providing a wide range of solutions for most clients’ needs. We are very happy to now be part of Salt’s limited packager panel, and to be able to offer its products, together with the benefits of an in-house Salt underwriter, to our brokers.”
Tony Capon, head of sales at Salt, said: “We are delighted to welcome Complete Mortgage and Loan Services Ltd on board. They are one of the most well respected and quality packagers within the market and the addition of them to our packager panel will further strengthen both theirs and Salt’s proposition.”
