3mc relaunches packager fee-free 90% LTV

3mc has relaunched its 90% LTV residential mortgage with no packager fee.

Related topics:  Mortgages
Rozi Jones
1st August 2016
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"Not only is it offering a choice of a two or three year fixed rates to 90% LTV, but the packaging fee is also being waived."

The deal is now being offered with the choice of a 4.99% two-year fix or 5.29% three-year fix.

The product is available through 3mc’s network partners: Home Loan Partnership, The Right Mortgage and Protection Network, Sesame, Stonebridge Network and to directly authorised members of the PMS Mortgage Club.

Doug Hall, Director of 3mc, said: “This deal has proven to be very popular and I’m therefore delighted to announce its relaunch today. Not only is it offering a choice of a two or three year fixed rates to 90% LTV, but the packaging fee is also being waived. There is also an option providing a free valuation, no completion fee and free legals on remortgages.”

Steve Griffiths, Head of Sales and Distribution at Kensington, added: “3mc has proven itself to be one of the UK’s leading packagers and we’re delighted that this great deal is being offered to intermediaries once again. I have no doubt it will be well received by both brokers and their clients.”

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