"Their products bring a real set of alternative options to the market and we look forward to doing even more with them."
- Jo Carrasco, business partnerships director at Stonebridge
April Mortgages has extended the distribution of its mortgage range to the entire Stonebridge network.
The lender launched its fixed rate flexible product with Stonebridge earlier this year.
Rates start at 4.99% with fixed terms available from five, seven, ten, twelve and fifteen years.
The current deals are available for remortgages from 85% LTV but will be extended to include house purchase up to 95% LTV in the coming months.
As part of the offering, borrowers will benefit from a lower rate automatically as mortgage balances reduce and LTVs fall.
In addition, there are no early repayment charges for borrowers moving house or using their own funds to repay the mortgage.
Tim Hague, April’s commercial director, said: “After our initial pilot we are now actively rolling out our distribution with all of Stonebridge. We think the Stonebridge conference is the ideal time to extend our offering to the whole of the Network as we grow our distribution in a controlled way.”
Jo Carrasco, business partnerships director at Stonebridge, added: “We are delighted to be deepening our relationship with April Mortgages. Their products bring a real set of alternative options to the market and we look forward to doing even more with them.”
