View more on these topics

Freedom launches exclusive product for AMPD

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.”

Recommended

First-time buyer homes could hit £1m mark in 18 years

First-time buyers could be facing a grim future, as new research from Stroud & Swindon shows first-time buyers could be forced to pay £1m for their first home in just under 18 years. Worrying research from the society shows that if house prices and incomes continue to follow the current growth trend, first-time buyers will […]

Rising base rate won’t slow housing market

Recent weeks have seen plenty of product withdrawals from a number of lenders, predominantly on the fixed rate front. This has been precipitated by the rise in money market rates filtering through and affecting the pricing of products.

Flats become more popular

Research by Halifax shows that the traditional image of British life is changing, with home owners preferring to live in flats rather than terraced or semi-detached housing.

HIPs are doomed and this discredited, naive government should drop them now

From Trevor Kent The welcome call from the Council of Mortgage Lenders – a body that both Blair and Brown take notice of – to abandon Home Information Packs is timely indeed. Only last month the Royal Institution of Chartered Surveyors said just about the same thing and the National Association of Estate Agents has […]

Newsletter

News and expert analysis straight to your inbox

Sign up