The Right Mortgage & Protection Network has added April Mortgages to its panel.
Member firms part of the Right Mortgage’s network will now have access to the long-term mortgage lender’s range of five to 15-year fixed rate mortgages.
April Mortgages offer products with criteria including no ERCs for moving home or overpaying or clearing the mortgage in full from their own funds or an inheritance, uncapped overpayments, automatically reducing rates as the LTV reduces, and up to seven times loan-to-income multiples.
All products are available on a repayment basis although April Mortgages also offers a specific interest-only and part and part product offering.
The Right Mortgage & Protection Network’s head of lending, Victoria Clark, commented: “We are always keen to work with lenders who have a unique range of products and criteria, and who want to distribute through professional advisers.
“This is why we’re very pleased to be adding April Mortgages to our lender panel today. They offer long-term fixed-rate mortgages with a twist, in terms of the amount they can lend, the ability of the borrower to make overpayments, and a different approach to ERCs. We’re looking forward to working with April Mortgages and to helping them outline their proposition to our member firms.”
Director of mortgage distribution at April Mortgages, Rachel Hunnisett, commented: “We pride ourselves on working with partners that can ensure our product offering is well placed with their clients. Our proposition requires true and top tier advice from advisers to best serve their clients, that’s why we are so selective about our panel.
“With The Right Mortgage network, we feel we have another really strong distributor who can guide their clients in a professional manner to achieve their homeownership goals. We’re all excited to see The Right Mortgage relationship develop further.”
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