The deals will be offered from 16 May and start from 2.94% on its two year discount and 3.49% on its fixed rate products.
Tracker rates start from 3.29%, with a one year early repayment charge. In addition GEMHL’s standard two and three year fixed rate, and tracker products now have no completion fees.
GE Money Home Lending head of sales Nikki Warren said: “We continue to grow our product range, offering rates now starting from 2.94% and a saving of up to £1295 on fees.
This coupled with our legal fees included package will be popular with remortgage customers, looking to move to GEMHL with minimal up-front costs. In these exciting times post-MMR, we have taken the opportunity to expand our offering following feedback from our intermediary partners.”
In December, GE Money mounted what one packager AToM called an ‘aggressive challenge to the high street,’ slashing rates on its large mortgage loan range and doubling proc fees.
The intermediary lender, which specialises in customers with adverse credit histories, also simultaneously launched into 80% LTV on new-builds for the first time.
