Mortgage Next has launched two new self-certification mortgages, both funded by BM Solutions and available exclusively via Mortgage Next members.
Both products are Bank of England base rate trackers and available for the employed and self-employed and for purchase or remortgage.
The first product is the base rate plus 0.55 per cent for two years and then the base rate plus 1.75 per cent for life. There is no extended tie-in and it is available up to a maximum loan to value of 75 per cent.
The second is the base rate plus 0.95 per cent for two years and then the base rate plus 0.95 per cent for life. There are no redemption penalties and it has fully flexible features. It is available up to a maximum loan to value of 85 per cent.