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 fixed rate, three-year fixed rate, two-year tracker and a three-year tracker.
Tony Capon, head of sales at Salt. Says: “We are very pleased to be launching through SMS 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. Salts main aim will be to offer innovative, straightforward, no-nonsense products with no hidden complications.”
Ian Balfour, sales and marketing director at SMS, says: “We are looking forward to working closely with Salt. With their background, they have a proven track record in the intermediary market already, based on their prime offerings. I have no doubt that their move into the non conforming market will be just as successful.”