Mortgage Next extends non-conforming offering

Author: By John Bakie
IFAonline | 09 Jun 2008 | 09:00

Categories: Mortgages| Packagers| Unsecured Loans

Topics: | non-conforming| sub-prime

sub-prime-small-jpg

Mortgage Next has added two specialist lenders to its panel to provide its brokers with a wider range of buy-to-let and sub-prime mortgage products.

Cheshire Mortgage Corporation and Blemain Finance will join the lender panel, both of which provide products for specialist mortgage needs.

Blemain Finance offers buy-to-let products to clients with any status, including those with CCJs and discharged bankrupts, and also considers the self-employed and pensioners.

Cheshire Mortgage Corporation offers a range of all status products, including self-cert, DSS income and sub-prime clients.

The firm can offer micro-mortgages of between £3,000 and £25,000, as well as standard mortgages of up to £500,000, including shared ownership and non-standard construction cases.

Lisa Barber, sales & marketing director at Mortgage Next, says: “It’s great to be adding lenders to our packager panel who offer specific plans for most circumstances in the non-conforming market, including right to buy and shared ownership.

“Our members have struggled to find lenders who will consider special cases in the current climate and these two additions to our packaged panel will be warmly welcomed.”

If you would like to comment on this story, contact:

John Bakie
Tel: 020 7484 9805
e-mail:
John.Bakie@incisivemedia.com

IFAonline

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