View more on these topics

Pink launches two self-cert products with BMS

Pink Home Loans has launched two semi-exclusive self-cert tracker products funded by BM Solutions.

The products offer initial rates of 5.49% and 5.70% for three years and revert to Bank of England base rate plus 1.99% for the life of the loan. The 5.49% rate has an arrangement fee of 0.99% of the loan and the 5.70% rate offers an arrangement fee of 599. Both products have no early redemption penalty overhang and are available up to 90% LTV up to 350,000.

Tony Jones, managing director at Pink Home Loans, says: “This is fantastic news that BM Solutions have increased the LTV banding for self-cert applications up to 90%. With BM Solutions fast on line service, intermediaries will be able to offer their clients more choice in this specialist area”.

Tom ONeil, chief operating officer at Fuel Investments, says: “BM Solutions is yet again in the driving seat of innovative product design and show that it continues to keep its finger on the pulse of the industry. This is evidenced by the top class products from a top class lender.”


Solent adds Salt to panel

Solent Mortgage Services has added new lender Salt to its lending panel.Salt is the Derbyshire Building Societys specialist lending brand specialising in 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 […]

Brokers call for direct access to credit reports

Brokers are calling for direct access to clients’ credit reports to help them recommend suitable lenders and products. One broker tells Mortgage Strategy: “Many clients don’t know their credit details, so access to reports would help brokers find the most suitable lender and products. “Though brokers can apply to access information via the client, this […]

Rooftop increase maximum loan size on products

Rooftop Mortgages has increased the maximum loan size on a range of its products. The maximum loan up to 65% LTV has increased to 1m on the stepped light and light adverse range. Up to 75% LTV the maximum loan has raised to 750,000 across the stepped light, light, medium and heavy adverse range. For […]

L4L to launch legal advice service at Expo

Lawyer for Life, a membership only company offering free lifetime legal advice for a one-off fee, will be launching its service to brokers and IFAs at the Business Mortgage Expo. L4L will be talking to brokers about becoming agents and offering the service to their clients. L4L offers free lifetime legal advice for 1,995, and […]


News and expert analysis straight to your inbox

Sign up