We are delighted to announce the launch of our new Fee Assisted Remortgage product range which could help save your customers money – not only on their associated remortgage fees, but potentially on their monthly payments over the initial 2 years.

Fee assisted remortgage is available on 2 year fixed products, across all our product tiers, with rates starting from a competitive 3.41%.

This range offers:

  • free standard remortgage legals when using our nominated solicitors (including associated standard disbursements and VAT)
  • free completion fee
  • free application fee
  • free telegraphic transfer fee, and
  • refunded valuation.

This new range could not only help your applicants with impaired credit, but can also offer an option for applicants currently ‘trapped’ on a High Street SVR due to changes in circumstance.  For example, if they’ve:

  • become self-employed,
  • taken on a second job,
  • are paying school fees, or
  • maybe have some credit issues,

they may think they’ve got little choice but to just sit on their current lender’s expensive Standard Variable Rate.

Full details can be found on www.themortgagelender.com

These products will be named ‘Fee Assisted Remortgage’ for selection on our online application.

The products are also available on sourcing systems, I am about to do the verification this morning.

The existing Standard Residential mortgage range, with fees, remains available.

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