BM Solutions is increasing its cashback offer from £250 to £500 on selected remortgage products.

It is in addition to BM Solutions’ free standard valuation of up to £1,500 for  remortgage customers and will be paid through conveyancers on completion.

The lender is also launching a new range of limited time two and five-year fixed rates for its remortgage customers from the same date.

Rates are as follows:

• 2 year – 60% LTV – £995 fee – 1.54%
• 2 year – 75% LTV – £995 fee – 1.79%
• 5 year – 60% LTV – £1995 fee – 2.09%
• 5 year – 75% LTV – £1995 fee – 2.64%

These fixed rate products will include a free standard valuation.

Phil Rickards, head of BM Solutions, said: “As part of our ongoing commitment to the buy-to-let market, increasing our cashback and new limited time fixes offer a greater choice of competitive products to brokers along with our five-star service to help them continue to meet the needs of a range of clients.”