The product comes at a fixed rate of 5.79% until April 2015 and is available to first-time buyers who can provide evidence of 12 months rental payments with a recognised rental agency.
The 95% LTV offering follows Mortgage Talk’s partnership with packager, Complete to improve its access to a wider range of products.
Tony Salentino, director of Complete, said: “This is the first in a number of exciting new initiatives we will be undertaking with Mortgage Talk and our lender partners.
“Our existing panel of first and second-charge lenders will, I am sure, allow Mortgage Talk members to help more clients with lenders like Saffron, Kent Reliance and GE Money being added to Mortgage Talk’s panel.”
Andrew Frankish, commercial director of the Talk Group, which owns Mortgage Talk, added:
“Working with Complete helps us ensure that we are maximising the efficiency of our sales force, ensuring that any customer who speaks with our team has the best chance of achieving a successful mortgage application.”
