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New Plans & Updated Documents from 27th July 2010

Blemain Group companies - Blemain Finance, Cheshire Mortgage Corporation and Lancashire Mortgage Corporation - launch a new suite of substantially enhanced products. This new criteria will enable brokers to:
  • Increase opportunities of placing a case
  • Improve conversion
  • Increase number of completions
  • Reduce overall processing costs and time


  • To achieve these aims the whole product range - Residential and Commercial, mortgages, loans, bridging finance and BTL plans - has been significantly enhanced by:
  • Reducing interest rates by up to 3.4%, to improve conversion
  • Increasing LTVs, to place more cases
  • Increasing maximum loan amounts by up to 100%, to allow more cases to fit plan
  • Revising the demerit criteria, to provide plans for more creditworthy customers
  • Expanding the AVM criteria considerably, to reduce processing costs and time
  • Launching 2 new discounted bridging finance products and introducing 2 year
  • bridging terms, to provide more choice and greater opportunities

    These new plans reflect our position in the market as the only non-mainstream lender covering the whole spectrum for residential, semi-commercial & commercial, mortgages, loans and bridging finance for creditworthy customers with an excellent credit status to those with low to high demerits, accepting any property types and most income sources.

    Update NOW
    We would like to remind all our introducers to ensure that they have the latest versions of our key documents, and that any of your own marketing materials (e.g. websites, emails, etc) which make reference to Blemain Group criteria are updated to reflect these most recent changes.

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