With immediate effect, employed customers selecting products from igroup's GEM 0 and GEM 1 range will be able to borrow up to 95% of the property value subject to status.
Other key features include:
* No higher lending fee payable by the customer.
* Available on tracker, fixed and discounted products.
* Satisfied CCJs ignored.
Sean Webb, chief commercial officer at GECF Home Lending, says: “Following its re-launch in April 2004, igroup's GEM range has received a terrific response from supporting introducers.
“Applications and completion numbers are both running at record levels, keeping the business well on track to record its best lending year ever. These simple but transparent enhancements will ensure the GEM range remains highly competitive and a first choice product for introducers and customers alike.”