Available only through Openwork’s Appointed Representatives, the two-year product offers an attractive fixed rate of 6.49% up to 90% loan to value.
To help advisers promote the product, which also offers £500 cash back, Openwork has produced a range of client-facing campaign material, including adverts and posters.
Commenting on the launch Paul Shearman, mortgage, protection and general insurance proposition director said: “This product could provide the ideal solution for borrowers looking to purchase at a higher loan to value and at a great rate.”