The Right Mortgage & Protection Network has added April Mortgages to its panel.
Member corporations now have entry to April Mortgages’ full vary of 5 to 15-year fixed-rate mortgages together with its 100% LTV deal.
April’s merchandise don’t have any early compensation expenses for shifting house or clearing the mortgage in full and there may be penalty or cap on overpayments.
Rates cut back robotically because the LTV falls and April will lend at up to seven occasions revenue.
All merchandise can be found on a compensation foundation nevertheless the lender additionally gives interest-only and half and half offers.
The Right Mortgage & Protection Network head of lending Victoria Clark says: “At The Right Mortgage we’re all the time eager to work with lenders who’ve a novel vary of merchandise and standards, and who need to distribute by skilled advisers.
“This is why we’re very happy to be including April Mortgages to our lender panel right now; they provide long-term fixed-rate mortgages with a twist, when it comes to the quantity they will lend, the power of the borrower to make overpayments, and a distinct method to ERCs.”
April Mortgages director of distribution Rachel Hunnisett says: “Our proposition requires true and prime tier recommendation from advisers to greatest serve their purchasers, that’s why we’re so selective about our panel.
“With The Right Mortgage community, we really feel we’ve one other actually robust distributor who can information their purchasers in an expert method to obtain their homeownership targets.”
