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Infinity Mortgages enhances specialist lending products

Infinity Mortgages enhances its range to include a number of discounts to its specialist lending products.

Changes include one-year discounts from 4.85 per cent, two-year fixed and three-year stepped discounts with no overhanging redemption penalties, three-year stepped discounts from 5.1 per cent and two-year fixed rates from 6.45 per cent.

Their service has been improved by simplifying lending criteria, reducing completion fees to 499, and reducing 100 per cent rental cover on buy-to-let mortgages.

Infinity Mortgages sales director Chris MacMahon says: “Competition in the sub-prime mortgage market is becoming intense and these enhancements to our product range will ensure Infinity Mortgages stays at the front of the market. Many of our products are now one per cent cheaper and we no longer load for remortgages.

“More than 70 per cent of our business is now submitted online thanks to Infinet, our comprehensive web-based solution for intermediaries. It provides KFIs, application submission and case tracking facilities and 50 off application fees.”

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