Advantage Home Loans G200 mortgage range enhanced

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Advantage Home Loans G200 mortgage range enhanced

A number of alterations have been made to the Advantage Home Loans G200 mortgage range, the lender has announced today, one of which is the inclusion of a self-certification mortgage for up to 95 per cent loan to value (LTV).

Rate reductions have also been introduced, according to product website Mortgage Introducer, with discounted products now starting from 5.58 per cent and fixed rates from 5.59 per cent.

Other new features introduced to the portfolio include the calculation of an adverse credit rating based purely on county court judgements and the fact that defaults will now be ignored across the entire non-conforming range.

First-time buyers who are involved in a self-certification right-to-buy mortgage will now have the opportunity to take up a package at 85 per cent LTV.

Another change announced today is the increase in possible loan size for deals in the Advantage Home Loans G200 mortgage range to £750,000 on selected products.

"We are delighted to add this newly enhanced range to the Advantage platform," said Sarah Jones, product manager at Advantage Home Loans.

"As the market grows, it is imperative that lenders keep up with the pace by creating innovative solutions for the broker and their clients to choose from."