It includes a free legal service and an additional £250 cashback to help customers escape from expensive deals.
BM Solutions has today announced its latest moves in the campaign to bring transparency and fairness to the adverse market. In a bid to encourage adverse customers to remortgage away from expensive deals, BM Solutions has developed a new remortgage package, which can be used to enhance any of the products in the generic adverse range. It includes a free legal service and an additional £250 cash back.
All products now come with no overhanging charges and there are many rates available such as a tracker at BBR + 1.84% with £250 cash-back and free legals. Other deals include a three-year stepped tracker and the good payment step product, which offers customers a path back to the mainstream market.
Colin Barrett, senior product manager for BM Solutions, said: "The market was, until a few years ago, dominated by few lenders with expensive and opaque products. These announcements mark our latest step in bringing mainstream values to this market. Our remortgage product will encourage customers to move away from expensive lenders."
