MEX relaunches self-cert mortgages

Mortgage Express has released of a number of self-cert mortgages, following a reprice of all fixed rate products within its self-cert range.

MEX has reduced rates on existing products by up to 0.35%. It now offers a two-year self-cert mortgage at a fixed rate of 5.99%.

The product, which has an arrangement fee of 999, is available at up to 90% LTV.

The lender has also repriced its three-year fixed rate self-cert mortgage at a rate of 5.44%. The product, which has an arrangement fee of 1.5% of the total loan, is available at up to 90% LTV.

Andrew Gerber, head of self-cert mortgages at MEX, says: The variable income of many self-cert customers means fixed rate mortgages can be a very attractive option.

“Our highly competitive products enable customers to obtain peace of mind by locking into a fixed rate mortgage with a best buy rate.