Sesame and PMS have launched an exclusive fixed rate product for ARsof its network and members of its mortgage club via Leeds Building Society.
The product, which is available up to95% loan to value, is fixed at 3.79% for two years and includes a free standard valuation for customers (for properties up to a value of £2m).
The product has no up-front booking fee and a £199 arrangement fee, which is payable on completion.
Rob McCoy, senior product manager at Sesame Bankhall Group, said:“With a low fixed rate and no booking fee this product is ideal for first time buyers as well as those homemovers with smaller deposits. This will be amongst the most competitive products in the market and will, I’m sure, be popular with our members.”
Martin Richardson, director of business development at Leeds Building Society, added: “Leeds Building Society is delighted to be working in collaboration with Sesame and PMS and will continue to support first-time buyers and others with smaller deposits, as part of our efforts to help borrowers who are not well served by the wider market.”
