Advantage Homeloans launches fees-free remortgage

Advantage Home Loans is on 90% of mortgage panels providing wide accessibility to this offer for intermediaries.

The offer extends across the range of Advantage Home Loan’s entire M300 Range which is funded by Mortgages plc and includes a wide range of 28 sub prime and non-conforming mortgage products. The M300 range currently offers free valuation and £250 client cash back, and Advantage has announced it will provide free legals on remortgages*, making the entire M300 range completely fees free to intermediaries.

The products encompass light to heavy adverse mortgages and a range of non-conforming products such as right to buy, buy to let, self build and true self cert mortgages to 80% LTV.

Products from the M300 range require no proof of deposit and previous defaults are ignored. LTVs across products range from 70% to 95% LTV. The offer is available on remortgage deals signed on or before 28th February 2005.

Director, Keith Dearling commented: “Our flagship M300 product range is already extremely popular with intermediaries and we are pleased to be able to offer a completely fees free deal on this range of quality products. We expect that 2005 will bring a new raft of debt consolidation remortgaging and as we are on most mortgage panels this offer is available to virtually the whole of the intermediary market.

“We believe the range offers something for everyone in the sub prime category, from first time buyers and self employed practitioners through to buy to let property investors.”