PMS members and Sesame’s appointed representatives (ARs) now have access to a new exclusive five year fixed rate product from Furness Building Society.

It offers both purchasers and remortgagers an initial pay rate of 3.85% fixed until 31 March 2017 and includes an arrangement fee of £500. It also includes a free valuation and free legal service for remortgage clients. It is available up to 75% loan to value.

Robert McCoy, senior product and communications manager at PMS, said: “Long term fixed rates