Access Financial Services has expanded its lender panel with the addition of April Mortgages, offering brokers access to a suite of fixed rate products designed to support affordability and financial flexibility.
April Mortgages provides 5, 10 and 15-year fixed rate options for first-time buyers, home movers and remortgagors.
Key features include no early repayment charges for overpayments or home moves, uncapped overpayments, and automatic rate reductions as loan-to-value ratios fall.
Loan-to-income multiples extend up to seven times, and Interest Only+ products are available for lower monthly payments.
Earlier this summer, the lender launched a No Deposit Mortgage offering 100% loan-to-value at 4.49 times income, aimed at those unable to rely on family assistance. The product is available on fixed terms of 10 or 15 years.
Nick Jones, mortgage sales and marketing director at Access FS, said: “As a fast-growing brokerage, Access FS is always keen to work with lenders who have a different approach, targeted products and innovative criteria.
“This is why we’re really pleased to be adding a vibrant business like April Mortgages to our panel. They’ll lend up to 7x a borrower’s income.
“They have zero deposit mortgages. They have 15-year fixed rate products. They have mortgages where the rate automatically reduces as borrowers pay down their loan.
“Their mortgages come with uncapped overpayments and no early repayment charges when borrowers moving home.
“The whole concept – of mortgages that give borrowers a combination of peace of mind and freedom – is very fresh and our borrower clients should appreciate it.”
Rachael Hunnisett, director of mortgage distribution at April Mortgages, said: “Partnering with distributors who share our vision of a simple, fair and transparent future for UK mortgage lending is key to our success.
“Access FS share that vision. We look forward to working closely with the Access FS team as we continue to drive innovation to bring peace of mind to borrowers.”
Brokers using April Mortgages can access a range of tools including the AffordAbility+ Calculator, rate drop calculator, and supporting broker guides via the lender’s website.
