PMS has launched a remortgage buy-to-let fixed rate exclusive.
It is fixed at 5.55% until 1 December 2011 and has a maximum LTV of 75% and maximum loan size of £300,000. The deal also includes a valuation refund and a £250 cashback. The arrangement fee is 2.5%.
Martin Reynolds , development director at PMS, said: “The buy-to-let sector has taken a big hit over the last two years but BM Solutions have been consistent in providing a generic range. We are delighted that they have chosen PMS to launch a remortgage exclusive. The fixed rate provides stability whilst the £250 cashback can be used towards legal fees and used in conjunction with one of our preferred suppliers.”””