Mortgage lender Platform has announced the launch of a new range of poor credit mortgages that offer reduced mortgage rates.
The new range of two-year fixed rate mortgages offer mortgage rates that are up to 0.5 per cent lower than the standard mortgage products which are available.
Platform, intermediary mortgage lender of Britannia Building Society, has designed the poor credit mortgage range to offer mortgage borrowers, who have had adverse credit problems in the past, a competitive mortgage deal.
It is hoped that the reduced mortgage rate will offer them the opportunity to budget effectively and repair their history of adverse credit problems.
"Having over eight years experience in the non-conforming market, we understand that borrowers in this sector are primarily concerned with being able to comfortably afford the mortgage repayments and repair their credit as soon as possible," comments the head of marketing at the mortgage lender, Paul Hunt.
He says these new poor credit mortgages meet both these needs and offer an alternative option to those hoping to find a mortgage in the market for poor credit mortgages.
Mortgage lender launches poor credit mortgage range
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Mortgage lender launches poor credit mortgage range
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