Pink adds Stroud & Swindon to lender panel

Pink Home Loans has added Stroud & Swindon and its subsidiary Stroud & Swindon Mortgage Company to its direct submission lender panel.

Stroud & Swindon is an independent top 15 building society that has made both its prime building society mortgage products and its evolve range of sub-prime mortgages available to Pinks introducers.

The evolve product range offers a choice of two discounted or fixed rates with clear and easy criteria. Self-cert is available up to 80% for self-employed only. Free legal and valuation fees are available on re-mortgages.

Other key product features include free higher lending charge to 85%, overpayments without penalty (25%) and no early redemption charge overhang.

Nic Ekin, lender relationship manager at Pink, says: “Stroud & Swindon is a welcome addition to Pinks extensive direct lender panel, as it offers excellent service for the introducer and ultimately the client and rates from 5.84% from the evolve range. It also offers clients who have conducted their mortgage account satisfactorily over the last three years the opportunity to move onto a clean deal.”

Richard Scott, intermediary sales manager at Stroud & Swindon, adds: “We are pleased to have launched both our prime and sub-prime evolve product ranges with Pink and look forward to working with them”.