BM Solutions reduces fixed rates and trackers

BM Solutions has launched new rates on its two, three, and five year fixed and tracker rate products in support of borrowers using the new BM Solutions Conveyancing Point of Sale Platform.

Related topics:  Mortgages
Rozi Jones
13th February 2015
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Among the features of the new offering are mobile and tablet compatibility, making even quicker and easier to use.

Fixed rate buy-to-let products have been reduced by up to 0.25% and include:

- 0-60% LTV 2 year fixed rate products from 2.49% (£1,495 fee) or 2.59% (0.5% fee)
- 0-60% LTV 3 year fixed rate product from 3.49% (£995 fee)
- 0-60% LTV 5 year fixed rate product from 3.79% (£1,495 fee)

Tracker rate buy-to-let products include:

- 0-60% LTV 1 year tracker rate product has been reduced by 0.10% with rates now starting from 3.49% (tracks BBR +2.99%)  (1.5% fee)
- 0-60% LTV 2 year tracker rate products have been reduced by up to 0.25% with rates now starting from 2.39% (tracks BBR +1.89%) with a£1,495 fee or 2.49% (tracks BBR +1.99%) with a 0.5% fee

BM are also offering a two-year fixed rate let-to-buy product at 0-60% LTV reduced by up to 0.25% with rates starting from 2.49% (£1,495 fee) or 2.59% (0.5% fee).

Phil Rickards, Head of BM Solutions, comments:

“The buy to let market has enjoyed a strong start to the year, building on the activity we saw in 2014. BM Solutions is constantly pushing forward to deliver high levels service and innovation and the launch on the updated BM Conveyancing point of sale platform is just part of this.

"Previously, the platform had proved extremely popular, but technology marches on and so I’m delighted to be able to improve further on the support we continue to offer brokers and borrowers themselves.”

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