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Network & Packager news
Money Partners advances up PTP panel
4 February, 2008
Money Partners has been bumped up to Personal Touch Packaging's (PTP's) primary lender panel.
This gives PTP network members access to Money Partners' recently enhanced specialist range.
This includes reduced rates across the entire range, a lower LIBOR rate of 5.68 per cent, a reduction in reversionary rates, increased level of adverse on medium adverse products (Flexi1) through to heavy adverse products (Fresh Start), and a recently introduced two-year Fixed Rate product (available on Near Prime, Lite & Flexi1 ranges) with no ERC overhang.
Martin Gilsenan, sales director at Money Partners, said: “Mortgage packagers are becoming increasingly intrinsic to the UK mortgage market due to demand from non-conforming customers. By adding our range of products and service, we’re confident that PTP's members will continue to see the real benefits of membership."