PMS Mortgage Club and Sesame Network have launched an exclusive buy-to-let (BTL) remortgage for its members, via Buckinghamshire Building Society.
The product is discounted for three years, comes with an initial rate of 2.79%, and is available on properties in England and Wales.
There is also an arrangement fee of £1,195 and Sesame Bankhall Group confirmed that the product will be available up to a maximum LTV of 75%.
“We are very pleased to be partnering with Buckinghamshire Building Society to provide our PMS and Sesame members with access to this competitive new BTL remortgage product,” commented Sesame Bankhall Group head of strategic relationships, Stephanie Charman.
“This exclusive offering is being made available at a time when the market is experiencing record completion levels, so the timing is ideal. It will also help mortgage brokers to cater for the significant number of buy to let customers who have existing products coming to an end throughout 2021.”
Buckinghamshire Building Society key account manager, Claire Askham, added: “We are delighted to support PMS and Sesame members by bringing more products to more people with our BTL remortgage exclusive. Across the market, we are expecting to see an influx of BTL clients in April as existing mortgages come to an end.
“Our flexible and bespoke underwriting approach means we can help brokers find the right solution for their clients. Furthermore, the non-search indemnity insurance can ensure a fast turnaround time and quick completion.”
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