We’re decreasing rates across our Near Prime range

Today, Thursday, 11th June, we have cut rates across our Near Prime range by 0.10%.

The reductions apply across our entire Near Prime range, from 60% LTV to 90% LTV. This includes both fee-charging and fee-free options.

As a result, rates now start at 5.39% for a two-year fixed rate at 60% LTV, with a £1,995 fee.

Delivering for Near Prime borrowers

We have consistently enhanced our Near Prime product range to provide brokers and borrowers with more options.

We have cut rates on a number of occasions. We also introduced a higher maximum LTV of 90.00% to support Near Prime borrowers with modest deposits. Plus, we launched products with £1,500 and £1,995 fees following broker feedback.

How to place an application

Brokers can place an application by logging onto the Portal, selecting a Near Prime product code and completing the application.

Any questions?

For more information, contact our TBDM team.