The product has the following features:
Rate: 2 year BBR tracker
- 5.43% to 85% LTV (BBR + 0.18%)
- 5.63% to 90% LTV (BBR + 0.38%)
Additional Benefits: Optional free legal fees on remortgages, which adds 0.1% to the rate
Completion Fee: £1,485
Early Redemption Charge: 5% of the balance outstanding for 2 years, then 1 months notice or 1% thereafter
Procuration Fee: 0.5%
Marketing Director, Mel Dring, said: “We’re delighted to be launching this product exclusively via AMPD. This is currently one of the most competitively priced 2 year self-cert tracker products available and I have no doubt it will be very popular with both AMPD members and their clients.”
Eddie Smith, Director of Operations at AMPD, said: “This is now the 6th exclusive product we have agreed with Freedom Lending, which indicates not only the strength of our relationship but just how seriously Freedom takes the packaging community. Freedom Lending is not only able to provide competitive products, but also supports them with a first class service.”
