It has a number of enhancements to its existing criteria:
Buy-to-let: BM Solutions' Buy-to-let range includes a 3 year tracker at 5.25% with no arrangement fee, refund of valuation and cashback. BM Solutions has also recently enhanced its criteria on its 10 to let product. The maximum lending limit has been increased to £2.5 million at 75% LTV and £1 million at 85%. Plus 125% rental cover at BBR + 1.95%.
Sub-prime: The Sub-prime range includes a 4 year tracker with £500 cashback - the largest cashback deal BM Solutions has ever offered on Sub-prime. And a 2 year tracker with £300 cashback.
Self-cert: The Self-cert range includes a two year fixed rate at 5.45%, up to 85%. The range also boasts a range of 2 and 3 year trackers. The 2 year tracker is BBR + 0.49% for 2 years.
Commenting on the new range, Steve Sandiford, head of products for BM Solutions said: "This year is all about combining our usual competitive products with even better service. We aim to build on our five star service rating and to lead the market online towards statutory regulation.
"The highlights of our new range include a number of leading Sub-prime, Buy-to-let and Self-cert rates as well as enhancements to our existing Buy-to-let criteria. Our Sub-prime cashback deal will help borrowers who are remortgaging to BM Solutions from expensive Sub-prime competitors," concluded Sandiford.
BM Solutions launched its online service, BM Solutions Online (bmsolutions.co.uk) in January 2003. Now over 80% of BM Solutions' business is submitted online. The time it takes to submit a case has been reduced by the many features on offer - product matching, intelligent application forms and case tracking to name but a few.
