Future offers 1.25% discount across range

Future Mortgages has launched a new discount of 1.25% off all mortgage products to 31 December 2003.

The discount applies to all status, self-certification, buy-to-let and right-to-buy products over £25,001.

The discount means Future rates now start at 5.45% on loans up to 90% LTV, with all the usual underwriting criteria unchanged.

Brian Pitt, sales and marketing director at Future, says: “We have launched this new discount to provide mortgage advisers with an even greater incentive for their clients in this low interest rate environment.

“There is considerable discussion about the merits of product variations and additional payment features, but our unwavering belief is that a good discount will offer clients with credit problems the lowest possible rate and the best possible chance to get back on their feet.

“With rates the lowest they have been for over 40 years, discount products simply offer the most affordable option in the market.”

Mortgage Product Highlights:

• Future 90 (LTV) 5.45% ARREARS max 3 months

• CCJs any number up to £3k

• Future Buy To Let 85 (LTV) 5.95% ARREARS max 3 months in last 12 months

• CCJs any number up to £3k

• Future 80 (LTV) Self-Cert 6.95% ARREARS any amount considered

• CCJs any number considered

• Future Right to Buy 75 (LTV) 6.95% ARREARS any amount considered

• CCJs any number considered

Mortgage Brokers requiring further information should call 0800 389 1221, speak with their local account manager or visit www.future-mortgages.co.uk.