Leeds exclusives for PMS and Sesame members

Published on

exclusive

PMS members and appointed representatives of Sesame network now have access to five exclusive mortgage products from Leeds Building Society.

This comes after the launch of three new products in the buy-to-let, shared ownership and residential areas.

The two-year fixed rate shared ownership product is available at 5.29% for loan sizes up to 75% loan to value (maximum of 95% borrower’s share available) and includes £400 cashback.

The two-year fixed rate buy-to-let product is available at 4.19% for loans up to 75% loan to value.

The two-year tracker residential product is available at 3.99% up to 85% loan to value. It has no completion fee, comes with a free standard valuation and free standard legal fees for remortgages.

“These products add further variety to our existing range of exclusive products and I am sure they will be welcomed by our members,” said Robert McCoy, senior product and communications manager at PMS.

“The security of a fixed rate mortgage will be popular amongst many clients, whilst the base rate tracker product offers choice for those customers who are ‘mortgage prisoners’ at the higher end of the LTV scale, and who wish to take advantage of the historically low base rate.

“We have seen a demand in shared ownership products and we expect this specialist product to particularly appeal to first time buyers.”

Phillip Coombes, head of intermediary sales at Leeds BS, added: “I am pleased that we have been able to support our partners at Sesame Bankhall Group with a range of products that support their brokers and clients in these key markets of shared ownership and buy-to-let.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Protection Guru: Consumer Duty can benefit both clients and advisers

New data from Protection Guru suggests that advisers who prioritise best value protection products...

National recruitment firm specialising in conveyancing launches

A new recruitment agency has been launched in the North East with the aim...

Bigger homes driving house price growth as flats lag behind

Demand for larger homes has driven growth in UK property prices over the past...

West One Loans passes major development finance lending mark

West One Loans has reached the milestone of £1 billion of lending within the...

Other news

Navigating a changing buy-to-let landscape in 2025

The buy-to-let market has long been a cornerstone of the UK property sector, but...

Protection Guru: Consumer Duty can benefit both clients and advisers

New data from Protection Guru suggests that advisers who prioritise best value protection products...

National recruitment firm specialising in conveyancing launches

A new recruitment agency has been launched in the North East with the aim...