Infinity Mortgages and Unity Mortgages have announced the urgent withdrawal of their entire product ranges as the US sub-prime credit crisis continues to affect the UK.
Infinity, the Investec funded London and South African listed company, is set to launch its revamped product range next week, subject to approval. “As a consequence of significant movements in the market it has become necessary to withdraw our current range from the market with immediate effect,” the Infinity website statement reads. The non-conforming mortgage lender says current fully packaged or unpackaged applications need to be received by Infinity by 17 August. “There can be no exception to these deadlines so please act quickly to avoid disappointment,” Infinity says. Unity, also ...
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