Sesame and PMS have unveiled an exclusive fixed rate product to appointed representatives (ARs) of its network and members of its mortgage club via Skipton Building Society.
The deal, which is available for purchase customers up to 85% loan to value (LTV), is priced at 2.25%, fixed for two years and includes a free standard valuation for customers. This product has no up-front booking or arrangement fees.
Rob McCoy, senior product manager at Sesame Bankhall Group (SBG), said: “At this loan to value, with such a low fixed rate and no fees, I expect the new product to be very popular with our members and their customers.
“Skipton has again shown its commitment to the intermediary market with this competitive product and I do not expect it to be available for long.”
“We are delighted to be working with Sesame and PMS to offer an 85% LTV exclusive mortgage product,” added Paul Darwin, director of intermediary relationships at Skipton.
“We believe this further demonstrates our commitment to meeting the real life lending needs of our customers whilst supporting the intermediary market.”
