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Expansion by mortgage lender
Fri, 13 Jan 2006
BM Solutions has expanded its mortgage offerings by adding more deals to its buy-to-let mortgages and self-certification mortgage ranges.

The mortgage lender says these mortgage additions make its ranges "stronger than ever", reports Mortgage Introducer.

A couple of buy-to-let mortgage deals were added to the existing range. The first offers a mortgage rate of 4.89 per cent until March 1st 2009 on a maximum loan-to-value of 85 per cent.

Also offering up to 85 per cent loan-to-value, the second new buy-to-let mortgage offers a tracker mortgage rate, initially at 4.99 per cent, over two years.

The self-certification mortgage range got three new additions. Self-certified mortgages allow potential borrowers that do not fit traditional mortgage lending criteria to qualify for mortgages. It is aimed specifically at people who are unable to prove their income.

A maximum loan-to-value of 85 per cent is available on all three the new mortgages. Two tracker mortgages are on offer.

Borrowers of the five-year tracker mortgage will be charged a mortgage rate of 5.19 per cent and qualify for £1,000 cashback. A two-year tracker mortgage offers a mortgage rate of 4.99 per cent.

The mortgage lender also offers a fixed mortgage rate of 5.09 per cent on its two-year deal.

"It is always pleasing to launch market leading deals," says the head of sales at BM Solutions, Martin Reynolds.

He adds that the mortgage lender always strives to offer competitive advantages by combining leading mortgage deals, award-winning online systems and five-star service.

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