Exclusive Connections has added Advantage to its lender panel and launched the ADV sub-prime range along with Advantages first-time buyer product, Flexishare.
Main features of the sub-prime range include Right to Buy available up to 90% LTV with no additional loading and self-cert allowed up to 90% LTV.
The Flexishare product offers part residential ownership loan and part conventional mortgage depending on the clients requirements.
Advantage shares proportionally in any appreciation and depreciation of the property during the lifetime of the loan.
Matthew Arena, managing director of Exclusive Connections, says: Advantage is the latest lender to join our panel and represents the best attributes which we look for in all our lenders.
“Products such as Flexishare, which give first-time buyers a unique opportunity to reach the first step of the housing ladder, should be in every intermediarys portfolio.
Lenders also need to demonstrate that they understand the unique mix of our members and their requirements and Advantages product range and service ethos are particularly well geared to our type of introducer.