The deal is aimed at both first and ‘next time’ buyers and is available for loans up to 90% LTV with no completion charges.
The existing 5-year fixed rate exclusive from Skipton has also been improved with a rate reduction of 0.15% to 5.09%.
Robert McCoy, senior product and communications manager for mortgages at Sesame Bankhall Group, said: “At a time when we are looking to lenders to offer help to first time buyers and those borrowers with higher LTV requirements, these products are welcome additions to our current range of exclusive products.”
Paul Darwin, head of intermediary sales at Skipton, added: “As a mutual, Skipton is committed to doing everything possible to prudently help borrowers struggling with low deposits and limited equity. We are pleased to cement our strong working relationship with Sesame and PMS by offering members these two exclusive products.”
