Advantage launch new Kensington near prime max mortgage

Advantage Home Loans, the branded mortgage arranger and specialist in the heavier sub-prime market has launched a new exclusive near prime max mortgage with Kensington Mortgages.

Sarah Jones, product manager at Advantage, says: “We are excited about the launch of this new product and are delighted to have this product for brokers who have clients with low levels of adverse. With rates from 4.35% we believe this to be a competitive product for individuals who meet criteria, who previously have been penalised for their circumstances.”

Products features include, up to 90% LTV, self-cert available, CCJs of up to 500, with CCJs of less than 100 and all defaults are ignored. No CAIS search, and discounted rates from 4.35%, and fixed rates from 4.60%, with 250 cashback, also available for Right to Buys and buy-to-lets.