Advantage launches sub-prime product range

Advantage has launched a sub-prime product range including two-year fixed rates from 5.79% and has also mades criteria changes.

Keith Dearling, managing director at Advantage, says: The sub-prime mortgage market has used the same categories for many years and it can be unpleasant for a client to be labelled heavy adverse etc.

Therefore, we have created a new range of sub-prime products that better suit the needs of todays sub-prime borrowers which include innovative criteria, competitive rate and a new name structure.