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Freedom ends remortgaging woes

Fri, 23 Sep 2005



Freedom Lending is launching a two year discounted self-cert mortgage with the aim of helping those with a less conventional form of income to remortgage.

The product will only be available via Mortgage Choice. The mortgage has up to 90 per cent loan to value (LTV) on offer, however the rates will vary depending on the amount borrowed.

Remortgage customers can take advantage of the offer of no legal fees as well as competitive remortgage rates.

Homeowners looking for a remortgage with 75 per cent LTV, the rate is currently at 5.08 per cent, whereas 90 per cent LTV rates are higher at 5.28 per cent.

Colin Snowdon, managing director at Freedom Lending, said: "Two-year discounts have proven to be very popular and I have no doubt this self-cert product will sell well."

Freedom Lending has a comprehensive product range and includes self-cert, buy-to-let, let-to-buy, full status and non-conforming mortgages.
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