It is offering discounts of 2.25 per cent for a full year from completion on all mortgages, free valuation fees and £250 cashback on completion.
The improved right-to-buy facilities include a no-rent references requirements for status applications up to 80 per cent LTV and a full online service giving £50 off application fees. The lender is also offering a legal package with remortgaging costing £299 and purchases £499.
This is also available to brokers and borrowers in Scotland and Northern Ireland
Chris MacMahon, sales director at Infinity Mortgages, said: “Infinity is delighted to be launching such a strong range of enhancements to our product range.
“Now that ‘Mortgage Day’ is behind us mortgage advisers are eager to refocus once again on the job of selling competitive mortgage products and our range gives them something to get excited about. These enhancements represent excellent value for money and I’m sure they’ll be a real winner with brokers and borrowers alike.”
Tony Corrigan, managing director of Classic Network Solutions, commented: “These seem like good products though I think most people who wanted to do right-to buy will have done it already. A couple of years ago it was booming but now it is a bit of a dying market.”
Thomas Reeh, chief executive officer of The Black & White Group, commented: “While we don’t currently use Infinity we would certainly entertain these products; they seem competitive.”
