Freedom Lending has launched a near prime two-year discount self-cert mortgage exclusively via the Alliance of Mortgage Packagers and Distributors.
The product has a two-year discounted rate with rates starting from 5.58%, self-cert up to 90% LTV, and no Higher Lending Charge.
It allows £1,000 of CCJ’s in last two-years.
Mel Dring, director of marketing at Freedom Lending, says: “The near prime market is continuing to go from strength to strength and there is still strong demand for two-year products.
“This deal offers a blend of excellent rates and accommodating criteria and free legals are available on all remortgages.
“We’re delighted to be launching this product exclusively via AMPD.”
Eddie Smith, director of operations at AMPD, says: “We’re delighted to have agreed this exclusive with Freedom Lending.
“Not only is it an excellent product, but we also know from experience that Freedom Lending will support it with a fast and efficient service.”