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TMBC and Skipton lauch 3-year BTL fix

Robyn Hall

December 3, 2012

The products are a 3.99% fixed rate up to 65% loan to value and a 4.39% fixed rate up to 75% LTV with a completion fee of £995, free valuation and free legals for remortgages.

Andy Young, chief executive at TBMC, said: “We are delighted to launch these highly competitive buy-to-let exclusives with Skipton. Many landlords prefer to fix their mortgage costs for a period of time and these two products are excellent options for those looking for a 3-year fixed rate.”

Young said the incentives for remortgages may be attractive to landlords planning to release equity in their existing properties and expand their portfolios.

Paul Darwin, head of intermediary sales at Skipton, said: “2012 has been an excellent year so far for the buy-to-let mortgage sector and Skipton has continued to develop its proposition to meet the needs of landlords. We are very committed to the intermediary sector and are delighted to be able to offer exclusive products to meet the needs of specialist buy-to-let brokers like TBMC.”


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