Fixed rates on the B&W self certification range are to 31 December 2009 with rates starting from 5.89% at 75% LTV, with a 5.99% option at 75% LTV that includes free valuation and legal services. Up to 90% LTV is available, also with the free legal and valuation options, and no higher lending charges are applied.
A three year fixed rate of 6.09% is also on offer to 30 June 2010 on B&W’s Buy to Let range, to 85% LTV, with a free legal and valuation option of 6.25%. A rental calculation of 100% applies.
The arrangement fee for all the new PMPA exclusive B&W fixed rates is £999, and ERCs of 3% on the self certification range and 5% on the Buy to Let deals, apply during the fixed term only.
Helen Hymos, lender relationship manager at PMPA, commented: “We are delighted to be able to offer these highly competitive exclusive products from Bristol and West, available only through PMPA member firms. We are confident that they will give our members the opportunity to do high volume business, as they represent very good value to customers in the current marketplace.”
