PMS mortgage club members and appointed representatives of Sesame network now have access to a new, exclusive mortgage product from the Furness Building Society.

The two-year fixed-rate mortgage offers both purchasers and remortgagers an initial pay rate of 3.20%, fixed until 30 April 2014, and includes an arrangement fee of £999.

It also includes a free valuation and free legal service for remortgage clients. It is available for loans up to 80% loan to value (LTV).

Robert McCoy, senior product and communications manager for mortgages at Sesame Bankhall Group, said: “Once again, Furness Building Society has demonstrated its continued support for intermediaries. With the building society’s strong underwriting approach and existing relationship with PMS and Sesame members, I am sure that this exclusive product will be popular with our members.”

Steven Bullock, intermediary business manager at Furness Building Society, added: “This latest product will offer excellent value for both purchase and remortgage customers and we are pleased to be offering it exclusively to PMS and Sesame members.”