PMS and Sesame launch five-year fix exclusive via Furness Building Society
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PMS and Sesame are offering a five-year fixed rate exclusive from the Furness Building Society.
It offers both purchasers and remortgagers an initial pay rate of 3.85 % fixed until March 31 2017 and includes an arrangement fee of £500.
It also includes a free valuation and free legal service for remortgage clients and is available for loans up to 75% LTV.
Robert McCoy, senior product and communications manager, PMS, says: “Long term fixed rates, such as this, have never been so low. With such a large number of clients looking for the security of a fixed rate, I’m sure this will be popular with our members. This product complements the current three-year fixed rate product the members have access to already.”
Steven Bullock, direct manager at Furness, says: “We look forward to providing Sesame and PMS members with a product that will help give their clients the opportunity to lock into a five year rate - offering them peace of mind until 2017.”
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