The offer will be available on a packaged submission basis. The free valuation includes a £90 administration fee and is available for purchases and remortgages.
The adverse product range covers Near Prime, Light, Medium, Heavy and Very Heavy adverse, with rates starting from 6.90%. There is a choice of variable rate, discounts or fixed rates products in each product category. Self-cert options are also available across the range.
A fixed arrangement fee of £995 applies across the whole of the adverse product range, which can be added to the loan and there is no higher lending charge.
David Copland, deputy managing director of Pink Home Loans, commented: “Product availability in the adverse sector is currently fairly limited, therefore the Future Mortgages range should provide Pink’s intermediary customers with a comprehensive, competitive product range for their customers.”
Mark Beddows, packaging manager of Future Mortgages Ltd, added: “It is important to offer attractive adverse products at this time. Our core range continues to provide intermediaries with options up to 90 per cent LTV including self certification and we have ensured our pricing remains competitive across the entire range”.
