Salt is the Derbyshire Building Society’s specialist lending brand. Through Salt, Derbyshire Home Loans Ltd (DHLL) has developed a range of sub-prime and self-cert products, catering for the ever-widening spectrum of borrowers’ needs.
In all four sectors (near prime, light adverse, medium adverse and heavy adverse), four products will be available as a two-year fixed rate, three-year fixed rate, two-year tracker and a three-year tracker.
Tony Capon, head of sales at Salt said: “We are very pleased to be launching through Solent based on its quality of service, speed of turn around and market know-how. The brand proposition has been fully based upon extensive research with brokers and the wider intermediary marketplace. Salt’s main aim will be to offer innovative, straightforward, no-nonsense products with no hidden complications.”
Ian Balfour, sales and marketing director at Solent, said: “We are looking forward to working closely with Salt. With its background, it have a proven track record in the intermediary market already, based on its prime offerings. I have no doubt that its move into the non-conforming market will be just as successful.”
