TBMC launches B2L exclusive
The 2.55% 2-year discount mortgage is available up to 60% loan to value and has a 2% completion fee and benefits from a free valuation for properties valued up to £1,000,000 and no early repayment charges.
Andy Young, chief executive at TBMC, said: “Our mission is simple: to provide the best possible buy-to-let mortgage proposition for intermediaries.
“This includes offering a highly competitive range of exclusive products. This is a fast moving market with constant competitive developments so we need to ensure we have the best products around on a daily basis.
“We therefore work closely with our lender partners to ensure that their exclusive rates with TBMC are at the forefront of the market and providing the right level and quality of new business.
“The new 60% LTV rate is very keenly priced and we are expecting a high level of interest from brokers.
“The product has is a great option for landlord clients with larger deposits or existing equity in their buy-to-let properties.”