PMS and Sesame launch 2-year fix via Skipton

Both products have a £1,000 cashback, a £499 completion fee which can be added to the loan, a free valuation for purchases and a free valuation and legal fees for remortgage customers.

Robert McCoy, senior product and communications manager at SBG, said: “The £1,000 cashback is among the highest currently available in the market and is a welcome addition to the traditional fees-assisted products we regularly see from lenders. I expect this to be popular with our members’ customers be they purchasers or remortgagers.”

Paul Darwin, head of intermediary sales at Skipton, said: “We highly value our relationships with intermediaries through whom we do more than 90% of our lending.

“We work closely with them to develop new products which help satisfy borrower requirements in the current mortgage market.”