BM Solutions reduces rates by 0.9%
BM Solutions has reduced the rates across its two year fixed Buy to Let and Let to Buy further advance products by 0.9%. In addition, it has increased the maximum loan amount on further advance products to £1 million.
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Headline changes include:
Two-year fixed rate Buy to Let and Let to Buy further advance products:
- 0-60% LTV 2 year fixed rate further advance Buy to Let and Let to Buy products have been reduced by 0.9% with rates from 5.29% (no fee)
- 60-75% LTV 2 year fixed rate further advance Buy to Let and Let to Buy products have been reduced by 0.9% with rates from 5.39% (no fee)
Maximum loan amount increased on further advance products:
- Further advance product loan amounts increased from £50,000 to £1 million
Phil Rickards, Head of BM Solutions, comments:
“The buy to let and let to buy markets have enjoyed a strong start to the year and we have seen increasing demand for further advances. These changes acknowledge this and provide further support and options to those landlords looking for further advances.”
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