BM Solutions cuts rates by up to 71bps and adds new range – Mortgage Strategy

BM Options has introduced fee cuts of as much as 71bps throughout its buy-to-let vary.

The most important reductions apply to the lender’s remortgage merchandise, with a two-year repair as much as 65% LTV now accessible at a fee of 6.51%, a drop of 71bps.

Different highlights embody five-year fixes for remortgage now at 5.71%, a drop of 40 bps, whereas BM has reduce 5 yr fixes for home buy by 31 bps, with charges now beginning at 5.18%.

The lender has additionally launched a brand new vary of BTL offers for remortgage, with two-year fixes beginning at 6.08% and five-year fixes from 5.46%.

Head of BM Options Lee Church says: “ In a difficult market, we proceed to help the BTL sector wherever we will.  These new merchandise and decrease charges will supply better selection for brokers and a few welcome aid to landlords”.