Sesame and PMS have announced today that they have launched an exclusive fixed rate product via its network and members of its mortgage club via Skipton Building Society.
The two-year fixed rate is available up to 85% LTV at 2.25% and includes a free standard valuation and no up-front booking or arrangement fees.
Rob McCoy, Senior Product Manager at Sesame Bankhall Group, said: “At this loan to value, with such a low fixed rate and no fees, I expect the new product to be very popular with our members and their customers. Skipton has again shown its commitment to the intermediary market with this competitive product and I do not expect it to be available for long.”
Paul Darwin, Director of Intermediary Relationships at Skipton, added: “We are delighted to be working with Sesame and PMS to offer an 85% LTV exclusive mortgage product. We believe this further demonstrates our commitment to meeting the real life lending needs of our customers whilst supporting the intermediary market.”