The product has a rate of 5.89% and is available at up to 75% loan to value; it has no completion fee and a £199 booking fee.
Robery McCoy, senior product & communications manager at PMS, said: “I’m sure this will be popular with our members and their shared ownership clients looking for the security of a fixed rate.
“We look forward to working alongside the Leeds with this product and their flexible approach to this type of lending.”
Phil Coombes, head of intermediary sales at Leeds, added: “This is a great opportunity to provide Sesame and PMS members with a product that will help give their clients the chance to lock into a two year rate, offering them peace of mind until 2014.”
