Birmingham Midshires Solutions is offering a new range of loans for the buy-to-let and sub-prime markets.
The buy-to-let range inc-ludes a three-year tracker at 5.25 per cent with no arrangement fee, refund of valuation and cashback.
The maximum lending limit has been increased to £2.5m at 75 per cent loan to value and £1m at 85 per cent.
The company's sub-prime range now includes a four-year tracker with £500 cashback, which BM Solutions says is the biggest cashback deal it has ever offered on sub-prime, and a two-year tracker with £300 cashback.
The range includes a twoyear fixed rate of 5.45 per cent up to 85 per cent LTV and a range of two and threeyear trackers.
The two-year tracker is set at base rate plus 0.49 per cent for two years.
Head of products Steve Sandiford says the company's new range includes a number of leading sub-prime, buy-to-let and self-cert rates as well as enhancements to its existing buy-to-let criteria.
He says BM Solution's sub-prime cashback deal will help borrowers who are remortgaging to BM Solutions from “expensive sub-prime competitors”.
Sandiford says: “This year is all about combining our usual competitive products with even better service. We aim to build on our five-star service rating and to lead the market online towards statutory regulation.”