April Mortgages has announced a new partnership with SPF Private Clients.
The partnership means that SPF advisers will have access to April Mortgages’ range of long-term fixed rates. In addition, advisers who use the Legal & General Mortgage Club will be able to refer suitable clients to SPF Private Clients, as the adviser is part of the L&G Referral Pro panel.
This means clients can benefit from access to products they value, while the referring adviser receives a commission, with no risk of cross or repeat sales.
April Mortgages offers a range of fixed rate products ranging from five to 15 years, and LTVs of up to 95% for purchase and 85% for remortgages respectively.
Borrowers who move house or use their own funds to repay the mortgage are exempt from Early Repayment Charges, while the fixed rate on offer reduces automatically as the borrower drops into lower LTV brackets as they pay off their balance or the property gains in value.
Commenting on the partnership April Mortgages chief operating officer Mark Eaton said: “April Mortgages is passionate about bringing real peace of mind to the UK mortgage market, and working with leading advisers like SPF Private Clients is core to our plans.
He added: “Not only will the SPF advisers have access to our innovative range of products, but advisers from across the market will be able to refer suitable clients through the L&G Referral Pro panel. Expanding our distribution in this way means we can deliver peace of mind and improved certainty to greater numbers of borrowers and advisers.”