Gary Forrest, director of High Street Home Loans, said: “We’ve taken the step of simplifying our adverse bands to produce a range that’s straightforward to use and easier to understand.”
Among the product changes are:
• Three-year fixed rates now available to 90 per cent loan to value (LTV) – no higher lending charge (HLC), no extended tie-in
• Remortgage loadings removed across their three-year fixed rate products
• Medium adverse product allowing up to five missed mortgage payments in the last 12 months
• Non-conforming to non-conforming remortgages accepted to 90 per cent LTV, in some cases with no loading
• Non-conforming to non-conforming purchases to 95 per cent LTV
• Right-to-buy remortgages within pre-emption now available on RTB Specials
• Right-to-buy to 90 per cent LTV status, 85 per cent self cert
• Payrates now start from just 3.77 per cent.
Forrest said: “We have been working with our packaging partners to develop the range and many of these changes and improvements are a direct result of feedback we’ve received from them.”
The range is available through High Street’s packaging partners.
