Pink unveils Advantage tie-up

Advantage offers a full range of products from non-conforming, with no higher lending charges and CCJs counted by number not amount, to prime, where customers can take advantage of its flexishare product.

Along with the lender’s products, Pink is also pleased to announce that they will have an on-site underwriter so cases can be turned around quickly and any criteria queries will be able to be dealt with swiftly.

From the launch until the end of October 2006, Pink will pay an extra £200 bonus procuration fee on all core non-conforming packaged products. The flexi-share product is excluded from this promotion.

Keith Dearling, managing director at Advantage, commented: “We are delighted to be working with Pink Home Loans; they are a leading player in the UK mortgage sector with a multi distribution strategy. Having an on-site underwriter will ensure cases are dealt with quickly and we look forward to a successful working relationship.”

David Copland, sales and marketing director at Pink Home Loans, commented: “Pink is constantly reviewing its panel offering to ensure we give our intermediary customers extensive choice across the mortgage market, and that they in turn offer their customers excellent product choice. I am delighted that Advantage has joined Pink’s panel; with their innovative products and our on-site underwriter they will be a very welcome addition to our panel.”

All Advantage products are available both by packaged and direct to lender route. Please note that the £200 extra procuration fee is available only on Pink packaged cases.