Mortgage networks PMS and Sesame in partnership with lender NatWest have launched a two-year tracker product for house purchase.
The 60% loan to value product is priced at 2.35% which is the bank’s rate + 1.85% until 30 November 2012. The tracker is offered with a £999 arrangement fee and overpayments of up to 10%.
Robert McCoy, senior product & communications manager at PMS, said: “This is an excellent rate for two years which takes advantage of the low base rate for house purchase customers.”
