Advantage announces rate reductions

They have announced they are cutting its standard variable rate by 0.25% with effect from 1 September 2005 (SVR will reduce from 6.9% to 6.65%).

Peter Bass - head of sales, said: "The M300 is one of our most popular ranges and currently boasts some great client offers including free valuations and legal on selected deals. Together with the niches above we are convinced this range will go from strength to strength”

Key Factors:

- One proof of residency in the last 3 months

- Defaults Ignored

- No proof of deposit

- True Self Cert to 80% LTV

- Right to Buy

- Buy to Let

- Self Build Mortgages