Infinity reduces prime rates

Having launched into the prime market in February, the lender claims intermediaries will now have access to some of the most competitive products available. Funds are limited until the end of March.

With three-year fixed rates from 5.39 per cent, two-year fixes from 5.44 per cent and a two-year tracker from 5.24 per cent, the product is so competitive that it puts Infinity well within the top ten products (Sourcing metrics - Trigold 16 March 2007, compared against other non-conforming lenders, for a 65 per cent LTV mortgage, £499 CCJ sourced by two and three-year fixes).

Simon Biddle, head of marketing and communications at Infinity, commented: "Clients with just a £500 CCJ can benefit from some of the lowest rates in the market. Funds are limited until the end of March so advisers need to act fast. We are confident that demand is going to be strong and we are ready and waiting for the market’s reaction."