BM Solutions raises BTL rates - Mortgage Strategy

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BM Solutions is increasing rates on a number of deals giving brokers until 5pm to secure its current rates.

The lender emailed advisers to say that it was increasing rates on two and five-year fixed rates at 60 per cent loan to value for buy-to-let and let-to-buy remortgages.

For buy-to-let purchases it is reducing rates on two-year fixes at 60 per cent LTV, while raising rates on two and five-year deals at 75 per cent LTV.

The newly priced two-year fixed rates for buy-to-let purchase at 60 per cent LTV are:

  • 1.78 per cent fee free 
  • 1.42 per cent with £995 fee
  • 1.22 per cent with £1,995 fee 

Two-year fixes for BTL purchase at 75 per cent LTV are:

  • 2.21 per cent fee free
  • 1.86 per cent with £995 fee
  • 1.65 per cent with £1,995 fee

New five-year fixes for BTL purchase at 75 per cent LTV are:

  • 2.23 per cent fee free
  • 2.09 per cent with a £995 fee
  • 1.95 per cent with a £1,995 fee

Further rate changes have been made across its buy-to-let remortgage and let-to-buy range.


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