PMS® launches new 2 year ERC free discounted rate mortgages

PMS® has teamed up with Hinckley & Rugby Building Society to launch 2 new discounted rate products.

The 80% loan to value product is priced at 3.45% which is a discount of 2.19% for 2 years and the 85% product is priced at 3.95%, a discount of 1.69% for 2 years and both are penalty free. In addition there is a free valuation for both purchase and remortgages, and free legals for remortgages only. 

Commenting Robert McCoy, Senior Product & Communications Manager at PMS® said: “These are excellent rates for 2 years with no ERC and the remortgage package offers a low cost transfer option. It is good to see that building societies are still prepared to offer competitive products and I expect these exclusive deals to be very popular.”