The packager has unveiled four exclusive deals with TMB. The products include House 2 House, Multi buy-to-let (BTL), fixed rate self-cert and trackers. Rates start at 5.94 per cent and many have no early repayment charges. They offer excellent value particularly for clients such as landlords who may be looking to remortgage after the initial discount.
Nic Christopher, new business manager at BDS, commented: “Without the early repayment charges usually associated with discounted rates, these deals are already proving popular and they have only just launched. The range should appeal to a wide selection of broker clients and we expect the multi BTL to fly out of the door.”
Also, following the Bank of England decision not to change rates this month, BDS has announced the availability of a PMPA exclusive self-cert tracker with a starting rate of 5.89 per cent for 90 per cent LTV. The product is available online using the BM technology and has early repayment charges of 6 per cent and 5 per cent in year one and two respectively.
Christopher added: “The MPC decision has meant the rate on this BM product offers excellent value for clients who want to self-cert at the higher LTV bracket. We know from our own broker feedback that this deal will be very popular and definitely worth booking early for – as you never know what is round the corner for rates in the New Year.”