TBMC launches new BTL range with Mortgage Trust

Nia Williams

November 12, 2012

Rates start at 3.69% fixed for two years and a 3.40% 2-year LIBOR tracker, both with a 3.5% lender fee.

There are also products available with no lender fees.

Andy Young, chief executive at TBMC, said: “We are delighted to offer this new range of competitive 75% LTV buy-to-let rates from Mortgage Trust. The products have been designed in such a way as to provide a wide range of options to brokers depending on the needs of their landlord clients.

“TBMC will benefit from a dedicated team of underwriters at Mortgage Trust helping to ensure that applications are processed efficiently and that we deliver the high service standards you would expect from a leading buy-to-let specialist. Mortgage Trust has a good set of lending criteria and we are expecting these products to be popular.”

Paul Clampin, director of mortgage underwriting at Mortgage Trust, said: “We are excited about the new range which has been carefully constructed to meet the needs of landlords in the current marketplace.

“We have chosen to distribute these products through TBMC because its specialist buy-to-let knowledge and distribution will help to deliver the right level and quality of applications.”

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