The range of products will be known as Amberloan and is part of Pink Home Loans’ aim to enhance its product offering and become a ‘one-stop’ shop for its member brokers.
Clients can borrow from £1,000 to £15,000 and can use the loan for almost any purpose. The client will benefit from no upfront fees and a speedy application process – made even easier through the design of a one-page application form.
In most cases, the money will be in the client’s bank account in just three working days following receipt of a signed agreement and appropriate identification. The payments can be spread over five years and the rate will remain fixed throughout this period to help the client to budget.
David Copland, sales and marketing director at Pink comments: “Pink Home Loans is well-established as a leader in the mortgage market and is now broadening its product offering to members with the addition of other financial product ranges such as unsecured personal loans.
A key benefit is that in using the new Amberloan scorecard for credit scoring, Amber Select hopes to be accept a higher percentage of applicants than other providers on normal terms, subject to status.”
Pink’s website at www.pink.uk.net will hold more information from the launch date on 8th September 2003.
Pink Home Loans, based in Lichfield, Staffordshire, is one of the UK’s leading mortgage distribution and packaging companies and is part of the Skipton Building Society group of companies.
Pink Home Loans has two lending panels offering its members a choice of direct lender access or packaging facilities in addition to a range of insurance products.
Industry leading services include a first class mortgage desk, easy to use website with comprehensive case tracking facilities and broker commission paid via BACS within 24-hours of legal completion.
