View more on these topics

BM Solutions launches sub-prime range

BM Solutions has launched a range of sub-prime and sub-prime self-cert products with £250 cashback.

The sub-prime range includes a 5.99%, two-year tracker up to 75% LTV, and £250 cash back.

BM Solutions is also offering a sub-prime product at 6.79%, and a two-year tracker with up to 90% LTV and £250 cash back.

The HBOS lender is also launching a sub-prime, self-cert product at 6.39%. The two-year tracker is available up to 75% LTV and also has £250 cash back.

Iain Williamson, head of key accounts at BM Solutions, says: “These strong deals form a well rounded sub-prime and sub-prime self-cert range.

“With competitive rates, competitive fees and cash backs, teamed with the highest levels of service brokers can be sure that they have the necessary support to stay ahead of the game.”

Recommended

Properties that don’t cost the earth

One of the things that causes brokers problems is when properties’ methods of construction are non-standard. When it comes to green constr-uction, methods are not only non-standard but could be deemed unusual and unacceptable to many lenders.

Higher rate cloud has a silver lining

Interest rates are rising throughout the world and will probably hit 6% here by the end of 2007. This is bad news for clients on fixed rates but will eventually help first-time buyers, says Frank Eve

Brown creates new business department DBERR

Prime Minister Gordon Brown has created a new governmental department to deal with business enterprise and regulation.The new Department for Business, Enterprise and Regulatory Reform will be headed up by John Hutton, former secretary of state for Work and Pensions.Brown says: “The new department will be responsible for creating the conditions for business success, developing […]

Sneaky fees show market’s dark side

Arrangement fees are on the rise again. Over the past few weeks a number of lenders have tweak-ed their pricing to keep headline rates low only to dramatically increase their fees, a sharp practice highlighting the dark side of the mortgage market.

Newsletter

News and expert analysis straight to your inbox

Sign up