The Spectrum brand is launching a range of exclusive fixed rate mortgage products, covering near prime, extra light, light, medium and heavy adverse credit mortgages, with extended adverse levels. The portfolio will allow both full status and self-certification options for house purchase, re-mortgages, buy-to-let and right-to-buy and includes house-to-house and bankruptcy annulment products.
For self cert, Spectrum offers income multiples up to 4x across all loan-to-values (LTVs), while first time buyers can self-cert up to 90 per cent LTV. An affordability calculator has been launched for full status cases.
Free valuations are available on all applications and apply to all products.
Jeff Sutherland-Kay, speaking on behalf of Spectrum, said: “The new Spectrum portfolio is supported by on-site lender underwriting, allowing cases to be individually reviewed and assessed. This gives brokers a product and service proposition that is truly centred on the personal needs of their clients.”
