The product will be available for a limited time to all appointed representative and directly authorised intermediaries dealing with GHL.
Details of two-year fixed rate product include: 90 per cent loan-to-value (LTV); no higher lending charge (HLC); available on full status and self-cert and a minumum advance of £100,000.
John Smith, sales and marketing director at GHL Group, said: “Offering this product reflects our standing as one of the leading distributors in the market and underlines our great working relationship with Mortgages plc. We have already seen a strong demand from our distribution and I’m sure it will be a resounding success.”
Pete Thomson, sales director at Mortgages plc, added: “This is the latest in a growing line of product enhancements we have announced in recent weeks. The strength of GHL’s brand and their ability to process large volumes of business makes them an ideal partner for such a competitive product.”
