The new product has a two-year fixed rate of 5.45%, a £999 arrangement fee, 80% LTV and ERC of 3%.
Ross Bowen, group mortgage director of Connells, says: “There are lots of potential buyers out there wanting to snap up property at bargain prices – this mortgage is going to help them achieve that.
“With an LTV up to 80%, this is a leading two-year fixed rate product. It is great to see RBS Intermediary Partners have once again recognised the significance of Connells’ partnership and our tightly controlled distribution model by making this product available to us exclusively.”
Steve Carruthers, head of corporate accounts, RBS Intermediary Partners says: “We have been working closely with Connells to develop products that are right for their advisers and their clients.
“I am delighted to be able to launch this new deal that not only demonstrates our commitment to the intermediary sector but also recognises the benefits of taking a collaborative approach with our business partners.”