The product offers an initial pay rate of 5.24 per cent, tracking Bank base rate plus 0.74 per cent for three years, and offers £250 cashback.
The product is available to first-time buyers with up to 85 per cent loan to value.
The product is available to Pink Premier and Mortgage club customers and offers 0.6 per cent broker commission.
Key selling features:
- £250 cashback
- First-time buyers accepted
- Proof of income not required
- Broker commission of 0.6%
- £100 off the application/valuation fee for loans over £150,000 (packaged submission only)
Product details:
- Funded by: Pink Home Loans funded by Platform
- Product: Self-cert tracker
- Rate: BBR plus 0.74% for 3 years plus £250 cash back
- Max LTV: 85% LTV
- Early repayment charges: - 5% amount repaid in the first 3 years
- Broker commission: 0.60%
- Arrangement fee: £395
- Other: Branded lending product- available to Pink Premier and Mortgage club members
- Contact: For more information visit www.pink.uk.net
