The deal available from Monday 16th January has the benefit of a discount of 1.25% in years one and two. Simon Biddle, head of marketing and communications commented “With payrates starting at just 5.35% this product leads the adverse market and offers exceptional customer value. Plus with the increase in the new build deposit underlines our commitment to the new build market”.
Due to the market leading rate funds are limited to a first come first served basis. Based upon Infinity’s extra light criteria, the two year tracker product allows up to a 95% LTV and accommodates adverse up to £2,000 CCJ’s and one month’s mortgage arrears at application.