BM launches range

Rates in the buy-to-let range include:

• two-year tracker; Bank Base Rate (BBR) for two years (currently 4.75 per cent); 1.5 per cent arrangement fee; no Early Repayment Charges (ERCs)
• Remortgage only; two-year tracker; BBR – 0.26 per cent for two years; refund of valuation (max £490); free remortgage service; 1.5 per cent arrangement fee; two year ERCs.

Rates in the self cert range include:

• two-year tracker; BBR + 0.24 per cent for two years (4.99 per cent); 90 per cent loan-to-value (LTV); 1.5 per cent arrangement fee; two year ERCs
• two-year tracker; BBR + 0.24 per cent (4.99per cent) for two years; 85 per cent LTV; £699 arrangement fee; two year ERCs.

Rates in the sub-prime range include:

• Sub-prime self cert deal; two-year tracker; BBR + 1.24 per cent (5.99 per cent) ; free valuation (max £490); £899 arrangement fee; two year ERCs.

Commenting on the range, Chris Pearson, head of sales and marketing, BM Solutions said: "There are some fantastic rates within this range, which will really shake up the market. Brokers want great products but not at the expense of a five star service. We are one of the few lenders, who can commit to providing both."