The portfolio will include fixed rate mortgages that are available both with and without early repayment charges.
Julie Jones, head of intermediary sales, commented: “The launch of the new fixed rate products reinforces the fresh approach we have taken to credit impaired lending, by offering products without any early repayment charges. Since our launch into this specialised market we have listened to feedback from our introducer contacts and as a result, have also made improvements to our lending policy.”
