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Pink chalks up loans on Clean Slate

Pink Home Loans has added three new rates to its sub-prime product range funded by specialist lender Mortgage Express.

Rates of 5.49 per cent fixed until June 2004, 6.49 per cent fixed until June 2007 and a 0.75 per cent discount on a base rate of 5.5 per cent for five years are available on its Clean Slate range.

The range launched by Mortgage Express this year is aimed at borrowers with county court judgements up to £10,000, defaults and for arrears that have not accrued in the last 12 months.

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