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.”
