The lender has introduced a three and five-year fixed rate product that will cater for loans from £5,000 to £100,000 at 70 per cent loan to value.
Head of sales, Graeme Wade (pictured), said: “We are pleased that we are now able to provide our clients with a choice of two new fixed-rate products and reduced rates on certain plans.
“We have listened to the feedback from our valued introducers and believe these new products will give their clients certainty on payments when structuring their financial commitments. We try to steer clear of replicating what the market already has access to and instead favour complementing existing products. Innovation is at the heart of Spring Finance.’’
Spring Finance products, including the two new fixed rated products, are available on the company’s broker portal. The new products will be available to all accredited brokers.