Magellan enters Help to Buy sector  - 10/10/2018 22:50

Magellan Homeloans has entered into the Help to Buy sector, making the scheme available across its entire residential product range.

Rates start from 2.99% and there is a fees assisted option on all two and three-year fixed mortgages, offering no application or valuation fee and a £450 cashback on completion.

Other benefits include:

  • Mortgage offers valid for up to six months
  • Free fee options with cashback
  • Only 1 years trading for self employed
  • Contract workers
  • Zero hours contracts
  • Missed payments, IVAs and DMPs considered
  • CCJs and defaults considered
  • Proc fees paid on exchange of contracts

Jason Neale, sales director, said: “I’m delighted that we can offer our expertise and extensive product range to Help to Buy borrowers who may have struggled previously to find a lender who could meet their complex needs. Add to that our aim of providing a best-in-class service and I believe we can really add value to brokers and their Help to Buy clients.”

Contact TFC now to find out about our Help to By options.

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