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BM Solutions expands product transfer range

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  • 01/07/2016
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BM Solutions expands product transfer range
BM Solutions has expanded its product transfer range by adding two and five-year buy-to-let and let-to-buy products.

For applicants looking for a mortgage, fixed for two years, ranging between £150,000 to £300,000 a rate of 3.59% is available up to 60% loan-to-value (LTV) with a fee of £499.

Borrowers with larger mortgage balances, which exceed £300,000, can access a rate of 3.29% up to 60% LTV and 3.49% up to 75% LTV for a fee of £999.

A five-year fix priced at 4.04%, with a fee of £999, is available for applicants looking to borrow in excess of £300,000, for loan-to-values up to 60%.

For applicants looking for further borrowing, rates on two-year fixes up to 60% loan-to-value on buy-to-let and let-to-buy products will be aligned with the product transfer range.

Phil Rickards (pictured second left), head of BM Solutions, said: “Expanding our product transfer offering demonstrates our long-term commitment to the buy-to-let market, as we listen to brokers and develop solutions designed to reflect and support their evolving needs.”

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