In brief

The FSA and BBC, in conjunction with credit rating agency Experian, have joined forces to help consumers keep control of their borrowing, with the launch of a ‘debt test’.

The test, available on the BBC website, judges consumers’ debts based on a number of questions including providing information and feedback on their debt levels. Tips on how to avoid, and help in managing, debts are also provided.

£99 valuations available from Mortgage Next

Mortgage Next Network and Mortgage Next Partners have launched their £99 valuation deal for all packaged cases submitted up to 31 March.

The scheme provides a reduced valuation cost of £99 on all property valued up to £450,000, with the existing free valuations offered by Mortgages plc and Kensington Mortgages remaining. Marketing director Justine Tomlinson said: “This scheme is good news as it enables brokers to reduce their clients’ cost of either remortgaging or buying property.”

BM revitalises BTL and self-cert range

BM Solutions has announced additions to its buy-to-let (BTL) and self-cert ranges.

The BTL products include a two-year tracker at 4.99 per cent with an LTV of 85 per cent and a 4.89 per cent offer, fixed until March 2009.

Its improved self-cert deals include a 5.19 per cent five-year tracker with £1,000 cashback, and a two-year 85 per cent LTV tracker at a rate of 4.99 per cent.