The product is for purchase only up to a loan size of £250,000 and is open to all sectors of the market except first time buyers.
Complete’s head of sales and marketing, Tristan Pile, said: “This product’s LTV is unmatched within the market, and it combines the benefits of GMAC’s simple criteria and use of POSD. This, combined with the fast effective service on offer via the Complete Residential Funding brand, including on site underwriting and full control of the whole process including completion, offers an unrivalled package. These products have very restricted access and will have a limited shelf life. They are only offered by GMAC’s Partner Packagers and we expect demand to be high. Make sure you and your clients don’t miss out”