The product comes with no booking or completion fees. A free standard valuation and free standard legal fees are available for remortgages.
PMS senior product and communications manager Robert McCoy says: “At a time when we are looking to lenders to offer help to first time buyers and those borrowers with high LTV requirements, this is a welcome addition to our current range of exclusives. We have seen an increase in demand from our members for higher LTV products and I’m sure that this latest addition will prove very popular.”
Skipton Paul Darwin head of intermediary sales says: “Over 90 per cent of our lending is done through intermediaries and our relationships with key distributors such as Sesame Bankhall Group are very important to us. We are pleased to offer this exclusive to Sesame and PMS members, enabling them to cater for a specific demand among their clients.”