PMS Mortgage Club and Sesame Network have launched two new Help to Buy exclusives for members via Kensington Mortgages.
There is a 3.69% 2-year fix and a 4.49% 5-year fixed rate. There is no application fee and the products also include £500 cashback and a free valuation. The exclusives are available up to 75% loan-to-value (LTV) for Help to Buy equity loan applications in England, Greater London, Scotland and Wales.
Stacey Wood, national new build relationship manager at Sesame and PMS, said: “We are very pleased to be working with Kensington Mortgages to launch these competitive Help to Buy exclusives for our members.
“Kensington’s flexible underwriting approach means they are also able to consider applicants who may have had a credit blip in the past, which provides more options for mortgage customers looking to purchase a new build home via this scheme.”
Craig McKinlay, new business director at Kensington Mortgages, added: “For those looking to get onto the housing ladder for the first time or to buy a new build, affordability, as well as the difficulties in saving for a deposit, still remains a big issue in many parts of the country.
“These individuals, often with complex income streams, sometimes struggle to find a mortgage from high street lenders.
“We are therefore delighted to be able to bring our products to more people through the exclusives with PMS and Sesame.”