BM Solutions is reducing rates across its two-year fixed and tracker buy-to-let product ranges in the 0-60 per cent LTV and 0-75 per cent LTV segments.
From tomorrow, August 16th, the following products will see rates reduced:
- 0-60% LTV, 2 year fixed rate mortgages will be reduced by 0.10% with rates now starting at 3.39%
- 0-60% LTV, 2 year tracker rate mortgages will be reduced by 0.10% with rates now starting at 3.29%.
- 0-75% LTV, 2 year fixed rate mortgages will be reduced by 0.20% with rates now starting at 3.99%
- 0-75% LTV, 2 year tracker rate mortgages will be reduced by 0.20% with rates now starting at 3.89%
In addition to the rate reductions all of the above products are available with a fee of either £995 or 0.5 per cent.
The updated range also features:
- new 2 year fixed and tracker products for higher value mortgages (£200k+). These are available at 60% and 75% LTV with a £1295 fee and with rates starting at 3.19%.
- Fee reductions on selected 3 & 5 year fixed rate products.
Phil Rickards, Head of BM Solutions, says: “We have refreshed our product range to reflect the strong nature of the buy to let market. These further rate reductions, alongside our award winning service should help brokers to place more business for their Landlord clients, further reinforcing our commitment to the buy-to-let market”.
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