The initial rate is 5.35 per cent, which is followed by the base rate plus one per cent for the remaining term.
It is open to the employed, self-employed and first time buyers. Applicants will be considered with up to three months’ arrears within the last three years. Loans are available up to £150,000 with 95 per cent loan to value, or £450,000 on loans up to 90 per cent loan to value.
Patrick Day, managing director of Exclusive Connections, said: "this is an excellent fixed rate which allows the employed, self-employed and first time buyers to borrow up to £450,000."
