Amber Homeloans
History
Amber Homeloan's (AHL) products are only available through intermediaries. They provide mortgages for all of the lending market including people who are considered high risk as well they offer mortgages for lending panels and also sell and manage property portfolios.
AHL has mortgage categories which will determine what rate and product they will offer you. These include: Amber Prime, Feather Adverse, Light Adverse, Medium Adverse, Heavy Adverse, Super Heavy Adverse, and Bespoke. However, since In April 2008, following changes in the lending market, Amber Homeloans took the decision to form a new business strategy to secure its future, and withdrew from the lending market for the foreseeable future. The primary role of Amber in the short to medium term will be to manage the existing loan portfolio until the market returns to more normal conditions. This includes effective arrears management and continuing to ensure that Amber is at the forefront of the whole loan trading market by maintaining strong relationships with current counterparties and forging new links throughout the industry.
Existing mortgage customers should see no change in the management of their loans, and in the event of any query they should contact the Company in the usual way. Treating customers fairly is recognized by AHL as the primary consideration in all its business dealings.
Remortgages offered through Amber Homeloans
Amber increased its mortgage Standard Variable Rate (SVR) in effect from 1 March 2010, and currently they are not offering any new mortgages or remortgages. Contact Amber directly for more information.