Rooftop Mortgages cuts margins on medium and high adverse products

Rooftop Mortgages has reduced its margins across their medium and high adverse product range on mortgage products below 80% LTV.

The reduction is as much as 0.45% depending on the product selected.

The lender has also increased its maximum CCJ limit on the product range. Medium limits increase from £5,000 to £7,500 and heavy increases from £7,500 to £10,000.

Jonathan Naylor, head of Rooftop Mortgages, says: “Rooftop aims to provide market level products coupled with excellent service to borrowers, brokers and packagers. These new rates are a result of listening to our intermediary partners with whom we have a close working relationship.”