The Exclusive deal, in association with Southern Pacific (SPML), gives a rate of only 5.40% for Self Certification up to 90% until 1/12/2005. The deal is available to first time buyers, home movers and unlimited capital raising remortgages, with the added benefits of ignoring all defaults, ignoring all CCJ’s under £150 or over 3 years old, ignoring all personal loan and credit card payment profiles and with a maximum loan of £1 million. Full status clients not requiring the self certification element can have the same deal at a lower rate of 4.90%.
David Morgan, Head of Packaging, comments, “This is a fantastic deal that has already got our case placement helpdesk phones buzzing. The actual rate payable is extremely competitive and when you add to this the extensive range of features and benefits means this product will be a huge winner for both mortgage brokers and their clients. I would recommend all brokers get their applications in quickly.”
A procuration fee of 0.50% is paid immediately on completion and further product details or application forms can be obtained by calling 0845 126 1000.
