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Rooftop Reduce Product Pricing

Added: (Tue Nov 04 2003)

Pressbox (Press Release) - With immediate effect, Rooftop Mortgages will be reducing their margins across their medium & high adverse product range on mortgage products below 80% LTV. The reduction is as much as 0.45% depending on product selected.

As an additional incentive, we have also increased our maximum CCJ limit on the product range. Medium limits increase from £5k to £7.5k and heavy increases from £7.5k to £10k.

Jonathan Naylor, Head of Rooftop Mortgages, said, “Rooftop aims to provide market level products coupled with excellent service to borrowers, brokers and packagers. These new rates are as a result of listening to our intermediary partners with whom we have a very close working relationship. “


For further information contact:
Jonathan Naylor 020 7255 1495 (mobile 07734 084841)
jonathan.naylor@rooftopmortgages.com

www.rooftopmortgages.com


Notes for editors

Rooftop Mortgages Ltd was established in 2003 to offer non-conforming residential mortgages to UK borrowers. The company has a range of products designed to meet the needs of the estimated 50,000 borrowers each month who, for a variety of reasons, find difficulty in arranging a mortgage through a "high street" lender.

Rooftop is a subsidiary of leading mortgage servicer Crown Mortgage Management that has a long track record in the UK mortgage and financial services industry

Crown Mortgage Management has been operating for over 30 years. Crown is a fully independent and rated third party servicer of residential and commercial property loans in UK and Europe. Funds under management for full and stand-by servicing are over £2 billion. www.cmm-group.com

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