Mortgage News
BM Solutions ups cashback and adds limited edition remortgages
BM Solutions is tweaking its remortgage offer for landlords.
The lender has increased the cashback available through certain remortgages to £500 from £250.
It has also introduced limited edition fixed-rate remortgage products for those landlords with larger deposits.
The fixed rate products include a free standard valuation and are available at:
- Two-year 60% loan to value (LTV) with £995 fee at 1.54%
- Two-year 75% LTV with £995 fee at 1.79%
- Five-year 60% LTV with £1995 fee at 2.09%
- Five-year 75% LTV with £1995 fee at 2.64%
Phil Rickards (pictured), head of BM Solutions, said the moves were part of the lender’s ongoing commitment to the buy-to-let market and would help brokers continue to meet the needs of a range of clients.
