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TBMC launches buy to let loans with Leeds

Nia Williams

February 17, 2011

The products include a two year 3.75% discounted rate available for up to 70% loan-to value, and a two year 4.95% discounted rate for remortgages with free valuation, free in-house legal services and no completion fee.

Andy Young, chief executive at TBMC said: “We are delighted to launch these highly competitive exclusive buy-to-let products with Leeds Building Society. The 3.75% discounted rate is a market-leader in the two year, 70% loan-to-value bracket and should prove very popular with brokers and their landlord clients.

“At TBMC we have recently seen an increase in buy-to-let remortgage applications and expect the 4.95% remortgage product to be appealing for existing landlords looking for a new deal.”

Young continued: ‘We are pleased to be working with Leeds Building Society, an established buy-to-let lender looking to increase its lending levels in 2011.”


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