Prestige unveils 5.6pc rate
The second charge lender’s plan is available up to £100,000 at 65% loan to value.
The product is aimed at prime clients looking for an alternative to remortgaging when wishing to raise capital.
Simon Stern, director of Prestige, said: “We rely on solid and considered feedback from our introducer partners and along with our own research we have simply extended our reach in terms of the prime sector we want to target.
“On top of this major product enhancement, we had become aware of the pressure on our overworked valuer panel and are delighted to announce an expansion to our valuer panel, which can be accessed via Pure Panel Management.”