Spring Finance cuts rates by over 2%

Second charge mortgage provider, Spring Finance, has introduced three and five-year fixed rate products to its portfolio as well as cutting existing rates by over 2% on certain plans.

Related topics:  Specialist Lending
Rozi Jones
7th August 2017
house graph grow cut
"We have listened to the feedback from our valued introducers and believe these new products will give their clients certainty on payments"

The fixed rate products will offer loans from £5,000 to £100,000 at 70% LTV.

Spring Finance products, including the two new fixed rate products, are available on the company’s broker portal.

Head of Sales, Graeme Wade, said: “We are pleased that we are now able to provide our clients with a choice of two new fixed rate products and reduced rates on certain plans.

“We have listened to the feedback from our valued introducers and believe these new products will give their clients certainty on payments when structuring their financial commitments. We try to steer clear of replicating what the market already has access to and instead favour complementing existing products. Innovation is at the heart of Spring Finance."

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.