The 60% loan to value product is priced at 2.35% which is Natwest Base Rate + 1.85% until 30th November 2012. There is a £999 arrangement fee and overpayments of up to 10% of the loan amount are allowed within the 2 years without penalty.
Robert McCoy, senior product and communications manager at PMS, said: “This is an excellent rate for 2 years which takes advantage of the low base rate for house purchase customers. Having secured this true PMS/Sesame exclusive product, we expect this deal to be very popular.”
