The product is available at 5.24% for mortgages up to 90% loan to value and carries no booking or completion fees, has a free standard valuation and free standard legal fees for remortgages.
Robert McCoy, senior product and communications manager at PMS, said: “At a time when we are looking to lenders to offer help to first-time buyers and those borrowers with high LTV requirements this is a welcome addition to our current range of exclusives.”
McCoy said PMS has seen an increase in demand from its members for higher LTV products.
Paul Darwin, head of intermediary sales at Skipton, added: “Over 90% of our lending is done through intermediaries and our relationships with key distributors such as Sesame Bankhall Group are very important to us. We are pleased to offer this exclusive to Sesame and PMS members enabling them to cater for a specific demand among their clients.”
