The range includes products for all types of adverse clients including self-cert, full status, purchase and remortgage.
The range spans all levels of adverse clients from near prime to heavy across a range of LTVs (up to 95 per cent), all linked to base rate with a procuration fee paying up to 1.5 per cent on most products.
The range comprises four core products priced according to LTV, the weight of the case and whether the case is full status or self-cert.
The products are a standard stepped 36-month discount; a standard 14-month discount; Synergy stepped 36-month discount and a Synergy 14-month discount.
The relationship means that Bristol & West Mortgages will receive and process all applications while Mortgages plc will advance the loans and administer the mortgage account.
Dominic Toller, head of marketing at Bristol & West Mortgages, said: “We are delighted that we can now offer one of the most comprehensive adverse ranges in the UK.
“Our new range is just what intermediaries have been asking for. It is flexible, easy to understand, competitive and comprehensive.”
Matt Gilmour, chief executive at Infinity, said: “Bristol & West have always had a good relationship with Mortgages plc in the past and I can’t see that changing.
“It is far from a new alliance and it just seems that they are tweaking some existing products.”
