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Remortgage package for self-employed

Specialist lender to the self-employed The Mortgage Business is launching a remortgage package available to self-employed and self-certification borrowers.

The remorgage product is pegged at 1 per cent above Bank of England base rate – currently 6 per cent – until March 2003, reverting to 1.49 per cent above base for the remainder of the term.

The product requires no proof of income and is available up to 85 per cent loan to value. It also comes with a full refund of valuation fee and legal fees of nominated solicitors.

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