BM cuts B2L transfer rates

Highlights of the revamped range include a 2-year fixed rate mortgage product transfer, 0-60% LTV with initial rates from 3.09%, a 2-year fixed rate mortgage product transfer, 60-75% LTV with initial rates from 3.79% and a 4-year fixed rate mortgage product transfer, 0-60% LTV with initial rates from 4.09%.

Phil Rickards, head of BM Solutions, said: “We are seeing increasing demand for mortgage product transfers and this set of rate reductions acknowledges this and provides further support to those landlords looking to switch their existing mortgage simply, quickly and cost-effectively.”