Sesame and PMS have launched an exclusive residential fixed rate product to appointed representatives of its network and members of its mortgage club via The Cambridge Building Society.
They are available for purchase and remortgage customers up to 90% loan to value.
The product is 3.09% fixed for two years and for remortgage customers includes free standard valuation and a free legal service. This product has a £199 up front booking fee and £800 completion fee, which can be added to the loan.
It is available on properties located in the Cambridge heartland areas of Cambridgeshire, Norfolk, Suffolk, Essex (excluding Canvey Island), Hertfordshire, Buckinghamshire, Bedfordshire and Northamptonshire.
Robert McCoy, senior product and communications manager at Sesame Bankhall Group (SBG), said: “We are pleased to launch this product with The Cambridge at a time when they have also invested in a new online intermediary system to help further improve the adviser and customer experience.”
“We know our customers like the security of a fixed rate, so we’re really pleased to be working with Sesame Bankhall Group once again to launch this competitive exclusive,” added Dan Barker, product manager at The Cambridge.
“Our new fixed rate is well positioned in the market and we’re looking forward to it generating interest from our intermediary partners.”