There are two options available in the standard two-year range, firstly discount to 30 April 2007 at a rate of 4.69 per cent. The discount is 2.15 per cent off SVR, which currently stands at 6.84 per cent.
The early redemption charge is 2 per cent until 30 April 2007 with a £299 arrangement fee and a 95 per cent LTV.
The other option is a 4.79 per cent standard 2-year fixed to 30 April 2007. It has an early repayment charge of 3 per cent to 30 April 2007, a £499 arrangement fee and a 95 per cent LTV.
The true self-cert range also consists of two products. There is a true self-cert three-year discount at a rate of 5.49 per cent and available up to 90 per cent LTV.
The discount is 1.35 per cent to 30 April 2008 with a £299 arrangement fee and a 3 per cent early repayment charge to 30 April 2008.
The other product is a 5.59 per cent true self-cert three-year discount EasySwitch fees-assisted remortgage.
It has a 1.25 per cent SVR discount, an early repayment charge of 3 per cent to 30 April 2008 and a £299 arrangement fee available to 85 per cent LTV for remortgages only.
Kevin Purvey, head of sales at BIM, said: “The range comes with some great extras on selected loans, such as our 10 per cent overpayment facility, and we have also extended our popular EasySwitch remortgage range to cater for self-cert borrowers.”
Rod Murdison, proprietor of Murdison & Browning, said: “BIM seem to drift in and out of the market, a few years ago it had very innovative products but it has been quiet since. But they do seen to concentrate on fee-free or reduced fees which is always a positive.”
