- Bank of England Base rate + 1.35%
- Rental income calculated on pay rate
- No early redemption penalty
- Available for purchases and remortgages
Network Data Ltd will pay intermediaries an enhanced procuration fee of 0.50% for all applications received that subsequently complete.
George Fleming, Network Data Ltd’s Lender Relationship Manager comments:
“ It is essential that product development keeps pace with the demands of the residential mortgage market. We are very pleased to be able to announce the launch of this product with BM Solutions and we will continue to look to enhance our overall product proposition for our members.”
Full product details are available on mortgageLink software.