The product is available through the Sesame Network for remortgage customers only.
The product includes a fixed rate of 3.79% for two years, 75% loan to value, and arrangement fee of £999, a minimum / maximum loan size £10,000 to £500,000 and early repayment charge of 2% in year one and 1% in year two.
Helen O’Donovan, head of products and communications at Sesame, says: “We are delighted that RBS has partnered with Sesame in offering this extremely attractive re-mortgage product to our network members. The fact that this goes up to 75% LTV makes it extremely attractive for clients looking to secure a competitive fixed rate of under 4%. It is great to see RBS showing their support for the intermediary market through Sesame with this new exclusive deal.”
Steve Carruthers, head of corporate accounts, RBS Intermediary Partners, says: “We have been working closely with Sesame to develop products that are right for their advisers and their clients. I am delighted that we have been able to launch this deal as it demonstrates our commitment to the intermediary sector and recognises the benefit of taking a collaborative approach with our business partners.”