Pink reduces rates in First National branded range

Pink Home Loans has improved the rates across its branded lending range funded by First National. Fixed rates are now 0.25% better than the old range, and discounts have been increased to 1.65% for 1 year and 1.15% for 2 year discounted products.

Best selling products in the range include the 2-year fixed products in the First Time Buyer range which offer rates from 5.89% (75% LTV) up to 95% LTV and the 2-year discount in the Light Adverse range offers rates from 5.34% (75% LTV) up to 90%.

Nic Ekin, lender relationship manager, Pink Home Loans, says: The reduction in fixed rates and increase in discount, mean that clients will benefit from products with lower starting rates whilst also benefiting from First Nationals popular affordability calculation.

Judith White, national sales manager, First National says: This is great news for the customer. Branded lending relationships are all about providing new and exclusive products, supported by excellent levels of service. We are continually looking at ways in which we can remain innovative and competitive with our products through our branded lending partners such as Pink.