Effectively this is an amnesty to allow Mortgage Express borrowers (both residential and Buy To Let) to re-finanace away at no exit cost. Letters will be sent to all their customers in the coming days but this offer would be a great opportunity for those in fixed rates to look at new lower fixed rates which are becoming available after recent Base Rate cuts.
We are expecting some new products in the next day or so at low levels but we expect lenders to experience an upswing in applications as Mortgage Express customers hunt for new finance.
The amnesty will also include some mortgage customers of GMAC, Kensington and Keystone whose loans are also part of Bradford and Bingley Group. If you are unsure of your position please give us a call.
Call our Mortgages for Business team NOW to discover how you can take advantage of this amnesty on 0845 3456788
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