The main enhancement is a refund of valuation on completion across the entire range. Other changes include no loadings on self certification for first time buyers and light adverse products, as well as rates starting from 4.29 per cent on ultralight. The main assistance comes for clients with newly self employed clients who can now self certify their income after three months trading.
Ian Balfour, sales and marketing director at Solent, said: "We are always looking to fine tune our branded lending criteria on a regular basis to ensure that our intermediaries have only the best choices. By working closely with First National, Harbour Homeloans is able to offer great value to our clients. These enhancements to Harbour’s criteria will be particularly appreciated by self employed clients who have just started trading.”
Duncan Berry, director, first mortgage sales at GE Money Home Lending, said: “Solent is an important partner for GE and the excellent feedback we receive, allows us to continually fine tune our product offering. For us, this is an ideal partnership."
