BM Solutions Two-Year Tracker mortgage available

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www.moneynews.co.uk > Mortgages > BM Solutions Two-Year Tracker mortgage available

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BM Solutions Two-Year Tracker mortgage available

A BM Solutions Two-Year Tracker mortgage is currently on offer, with a starting rate of 4.25 per cent.

This package will track at 0.25 per cent below the Bank of England base rate for the opening 24-month period, after which it will revert to the standard variable rate – currently 6.49 per cent.

The overall cost for comparison on the BM Solutions Two-Year Tracker mortgage is 6.4 per cent, product website Mortgage Introducer reports.

If any or all of the loan is repaid during the opening two-year period, an early repayment charge will apply.

A valuation fee of £250 has also been set on this mortgage offer, as has an arrangement fee of £599, which can be added to the entirety of the loan.

The supplied figures are based on a £150,000 purchase price or value and £100,000 repayment mortgage over 25 years.

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