Sesame and PMS have launched an exclusive fixed rate product to appointed representatives (ARs) of its network and members of its mortgage club via Leeds Building Society.
The two-year fixed rate is available for purchase customers up to 95% loan to value (LTV) and is priced at 3.79%.
It includes a free standard valuation for customers (for properties up to a value of £2m). This product has no up-front booking fee and a £199 arrangement fee, which is payable on completion.
Rob McCoy, senior product manager at Sesame Bankhall Group (SBG), said: “With a low fixed rate and no booking fee this product is ideal for first time buyers as well as those homemovers with smaller deposits. This will be amongst the most competitive products in the market and will, I’m sure, be popular with our members.”
Martin Richardson, director of business development at Leeds Building Society, added: “Leeds Building Society is delighted to be working in collaboration with Sesame and PMS and will continue to support first-time buyers and others with smaller deposits, as part of our efforts to help borrowers who are not well served by the wider market.”
