All Types of Mortgages Ltd has launched two semi-exclusives with Birmingham Midshires.
The mainstream product includes a headline rate of 3.99%. The product tracks the Bank of England base rate and is discounted by 0.51% for two years, after which the rate tracks the Bank base rate plus 1.25% for the life of the loan and is available to all mainstream purchase and remortgage business. This rate is available up to 90% LTV up to £500,000 and has no extended redemptions.
The buy-to-let product tracks the Bank of England base rate plus 1.35% for the life of theloan and has no ERC's payable for full or partial redemption. This rate is available at 85% LTV up to £1m. Flexible options are available.
Both products are available exclusively to PMPA members.