Funded by Britannic Money, the mortgage includes a two-year discount of 1 per cent, which gives an initial rate of 4.89 per cent.
The product is flexible and borrowers can make overpayments, underpayments, withdraw overpayments and take payment holidays. In addition, a current account facility is available and interest is calculated daily.
David Copland, sales and marketing director at Pink Home Loans said: "Self-employed borrowers can substantially reduce the term of their mortgage with this fully flexible product from Britannic Money."
The maximum loan-to-value (LTV) is 85 per cent and a redemption penalty of 2 per cent of the amount repaid applies for two years, but is only charged when loan is repaid in full.