BM Solutions to cut B2L fixed rates by up to 0.3%
BM Solutions is to slash its buy-to-let fixed rate product range by up to 0.3 per cent.
The changes, which take effect from February 8, will see all two-year fixed rate products up to 75 per cent loan-to-value cut by 0.3 per cent, with rates now starting from 4.8 per cent.
All three and five-year fixed rates will be cut by 0.15 per cent, with rates now starting from 5.15 per cent.
BM Solutions head of sales Phil Rickards says: “This is a really positive move for us and for buy-to-let, we are making some significant reductions in a key area of the market. BM Solutions is one of the few lenders to reduce buy-to-let pricing this year, so it is a really strong signal to the market.”
- 'Free, impartial, face-to-face advice': Can Osborne deliver on his Budget pension promise?
- HMRC: Savers will not face tax-free cash penalties following Budget reforms
- Nick Bamford: Why aren't advisers explaining their charges properly?
- Standard Life hits small firms with £1,200 fee following charge cap