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BM Solutions launches new self-cert mortgage deals

BM Solutions launches new tracker mortgages.

Products at 85 per cent LTV include a two-year tracker at 5.55 per cent with no overhanging early repayment charges, and a one-year tracker at 3.75 per cent. Both products come with free legal service and refund of valuation and revert to BBR + 1.75 per cent at the end of the term.

There are more top trackers at 75 per cent LTV, including two-year trackers at 5.14 per cent and 5.39 per cent, and a lifetime flexi at BBR + 0.99 per cent. All products have a 499 arrangement fee.

BM Solutions senior product manager Colin Barrett says: “Our lifetime flexi, for example, gives an excellent rate and allows over-payments, under-payments and payment holidays, something we know our borrowers view as important”


Correspondent’s View

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Product Matters

It has been a while since there has been anythingapproaching excitement in the world of structured products and while the entry of German bank West LB (under the Structured Solutions Group brand) into an overcrowded market would not normally get the pulse racing, the nature of the first product launch has certainly caught my eye. […]


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