You are here: Home - News -

BM Solutions offers cashback on two-year fixes

  • 31/03/2017
  • 0
BM Solutions offers cashback on two-year fixes
BM Solutions is offering £500 cashback on selected two-year fixed buy-to-let products and cutting rates on a pair of five-year fixes.

The cashback offer is available from 3 April for house purchases only and applications must be made by 28 May. Applications eligible for cashback will be paid through conveyancers on completion.

The two-year fixed rates available are for house purchase only and include £500 cashback with a £495 fee, at:

  • Up to 60% loan to value (LTV), rate of 2.09%;
  • Up to 75% LTV, rate of 2.49%.

The five-year fixed rate products are being cut by 0.3% and 0.2% respectively.

They are available with a product fee of £1,995 at:

  • Up to 60% LTV, rate of 2.39%;
  • Up to 75% LTV, rate of 2.89.

Head of BM Solutions Phil Rickards (pictured) said part of the firm’s wider plans were to support brokers in writing quality business as the buy-to-let landscape continued to evolve.

Earlier this week, Rickards spoke to Mortgage Solutions about calls for BM to enter the limited company market.

There are 0 Comment(s)

You may also be interested in

Read previous post:
Mortgage Solutions logo
What did you miss? The top 10 stories on Mortgage Solutions this week

Communities secretary Sajid Javid's tough stance on poor quality new builds and BM Solutions boss Phil Rickard's views on limited...