SPML extends one month refund offer

Southern Pacific Mortgage Limited has extended its special offer on all of its products, in which new applicants will be able to qualify for a refund of one months mortgage payment.

The offer will now be applicable to applications received by SPML on or before August 12 (extended from July 17) 2006 which complete on or before September 30 2006.

For borrowers to qualify for this offer, SPML must receive the first three monthly mortgage payments in full from the borrower by direct debit on the due date. Any borrower that qualifies will receive one months refund, within four weeks of the third payment.

John Prust, sales and marketing director at SPML, says: We are very pleased to be able to extend this promotional offer, following high levels of interest being shown by our packagers and brokers.

“The extra four weeks will give many more customers the chance to benefit from the cash incentive to keep to their payment commitments, and will also help brokers to generate interest among potential mortgage customers at a season which can often be a slow period for business enquiries.