This exclusive deal is very competitive and is available for purchase or re-mortgage and can be packaged or submitted online directly to BM Solutions:
- Product details: BBR (minus) 0.51% for 2 years, followed by BBR + 1.25 for life.
- Income multiples: 3.25 X single + 1 x secondary or 2.75 X joint
- Loan: £25,001 - £2m
- LTV : 90% £25,001 to £500,000, 85% £500,001 to £1.7m, 75% £1.7m to £2m
- Term: 5 - 40 years
- No Higher Lending Fee
- Arrangement fee: £699
- ERC: 3% of amount repaid in 1st year, 2% of amount repaid in 2nd year
Phil Jay, BDS Managing Director comments: “BM Solutions once more confirm their status as an excellent lender offering flexible, well priced deals to the intermediary market. The fact that there is no higher lending fee makes this product very competitive. We are actively marketing this to our brokers and expect to see a high volume of business. “
Brokers are urged to call the BDS New Business Team on 0845 58 53 53 to find out full details of the products.
