Following the results from the recent Pink 1000 index survey, Pink Homes Loans will offer a free valuation and no administration fee on all branded lending products that are Near Prime to Heavy Adverse.
Tony Jones, managing director at Pink Home Loans, said: “We are delighted that Christmas has arrived early here at Pink! The Pink 1000 index survey is a useful tool in establishing what our intermediaries and the end customer require. The feedback states that the business mix in the near prime to heavy adverse niche has increased. With excellent rates available across the branded lending product range from as low as 4.09% (subject to loadings), together with a free valuation and no administration fee, customers who are either buying a property or remortgaging will benefit.”
Ray Blackmore director at Blackwood Finance added: “This is excellent news for our customers as they not only have the benefit of a free valuation but I have peace of mind that an underwriter for the lender is on-site at Pink so my cases will be processed even faster. A number of packagers have offered lower or no valuation fees; however, this campaign has no up front fee for the client, as Pink is also waiving its admin fee.”
Summary
- Range of free valuation fee products funded by Pink Home Loans branded lenders: First National, GMAC-RFC, Mortgages Plc and Platform
- Designed exclusively for the near prime to heavy adverse sector
- No valuation or administration fee
- Broker net commission across the range
Promotion valid from 26 September 2005 to 31 December 2005
