BM Solutions launched two market leading buy-to-let products on Saturday, available for one week only.
The new deals, both available up to 75% LTV, are available for a limited time only and all applications need to be submitted by 8pm on Friday November 5.
The launch includes a two-year tracker at 3.75% and a two-year fixed at 4.25% and both come with a 0.5% product fee.
Phil Rickards, head of sales at BM Solutions, says: “This launch introduces two very competitive products to the mix, strengthening our commitment to the buy-to-let market.
“We expect them to be really popular with brokers – but applications need to be in within the next week to qualify for these cracking rates.”
Andy Young, chief executive of TBMC, says by limiting the deal to one week the lender is guarding itself against a deluge of applications.
He says: “The combination of a high 75% LTV, low rates and a 0.5% fee, which is usually around 3%, make this deal very, very competitive. In my view it is the best deal on the market and it is great to hear some good news from BM Solutions as they haven’t been giving us much recently.”