Connect for Intermediaries has added April Mortgages to its lender panel, in an exclusive arrangement giving Connect members access to the full April product range.
April Mortgages offers long-term fixed rates from 5 to 15 years, uncapped overpayments, and rates that reduce as the loan-to-value improves. Its Interest Only+ product allows capital repayment to be deferred until the end of the term or sale of the property.
The lender also offers no ERCs where borrowers redeem using personal funds, inheritance, or the sale of assets. Lending is available up to 6 times income, with a minimum income threshold of £24,000.
For advisers, the proposition includes access to experienced underwriters, with competitive procuration fees of 0.45% upfront and further payments at years five and ten. The same terms apply on further advances and product transfers.
Jane Benjamin, director of mortgages at Connect for Intermediaries, said: “April Mortgages is an exciting and exclusive addition to the Connect panel.
“Their forward-thinking lending and flexible criteria perfectly align with how our brokers work and what their clients need. We’re proud to be one of the only networks offering access to this powerful proposition.”
Rachael Hunnisett, director of mortgage distribution at April Mortgages, said: “We’re delighted to be working with Connect Mortgage Distribution, whose expertise and reach make them the perfect partner to share the unique benefits of our modern longer-term fixed rate with borrowers.
“At April Mortgages, we believe in giving customers greater certainty and control over their home ownership, and this new partnership helps make that vision a reality.”
