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Wave pulls near prime plus range and ups minimum age to 21 on all products

Wave is making a number of changes to its mortgage range which includes withdrawing its residential near prime plus range.

In an email to brokers the lender says that First Time Buyers will no longer be available on its Buy to Let rental income option and it will be introducing a new minimum age of 21 across all of its product types.

It says that its tracker rates and its almost prime range rates are being re-priced.

Wave says that decisions in principle will be accepted on current products until close of business on February 8.

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