Alison Beech, sales and marketing director at Rooftop said: ‘We know that offering our new Right to Buy products through em- will bring in lots of enquiries. We will be presenting these and other exclusive products at the forthcoming 2006 em-roundtable events, with the first being in Scotland on the 28th February, Glasgow and 1st March, Edinburgh.’
All four products listed below are available as a 3 year stepped or as a 2 year fixed (no extended tie in).
RTB very light up to 85% - £0 CCJs and 0 arrears. 2 year fixed rate of 5.85% (status) and 6.09% (self cert). 3 year stepped discount from 5.20%
RTB light plus up to 85% - £1000 CCJs OR 1 arrears in 12 months. 2 year fixed rate of 6.24% (status) and 6.49% (self cert). 3 year stepped discount from 5.50%
RTB light up to 85% - £3000 CCJs and 2 arrears in 12 months (1 in last 3). 2 year fixed rate of 6.34% (status) and 6.84% (self cert). 3 year stepped discount from 5.60%
RTB Heavy up to 80% - Unlimited CCJs and 6 arrears in 12 months (1 in last 3 months). 2 year fixed rate of 6.90% (status) and 7.34% (self cert). 3 year stepped discount from 6.10%
Simon Mouncher. operations director at em- said: ‘The Right to Buy market is a key sector for our broker community and we are pleased to be able to offer these four attractive products to them. When coupled with our excellent offer of Free Valuations and No Applications fees we are confident that our RTB business will continue to increase.’