Advantage launch new higher lending charge free products

Advantage Home Loans, the branded mortgage arranger, says it has launched major improvements to its M300 range, funded by Mortgages Plc, to provide brokers with greater flexibility and choice when accessing the range for their clients.

New features include a HLC free range that in addition boasts a 200 cashback on heavy and fastrack remortgages.

It has also launched a limited availability new fastrack express product, a new product for borrowers with any amount of CCJs and arrears, available up to 70% LTV. Borrowers who are currently in arrears with other sub-prime lenders are acceptable, no lender references are required, and free legals available on remortgages.

Sarah Jones, product manager at Advantage, says: “These exciting new enhancements to our competitive M300 range will be one of our best sellers and in addition to the great client offers above there are free valuations on selected deals.”