Hinckley & Rugby launches 2.5% buy to let deal with TBMC
Hinckley & Rugby Building Society has today launched an exclusive buy to let mortgage with TBMC, the buy to let and commercial mortgage specialist.
The 75% LTV two year discount Buy to Let mortgage charges just 2.5% interest. The fees are £250 at arrangement and £1,995 on completion. The overall cost for comparison is 5.1% APR. The valuation is free.
Carolyn Thornley-Yates, Hinckley & Rugby’s business development manager, said:
“This is a keenly priced mortgage which we are delighted to be bringing to market on an exclusive basis with TBMC.”
Andy Young, chief executive at TBMC, said:
“TBMC is pleased to launch this excellent new Buy to Let exclusive with Hinckley & Rugby. We continue to work together to bring a competitive Buy to Let proposition to the market that meets the needs of UK landlords.
“This is a keenly priced product which we are expecting to be popular with brokers and their Buy to Let clients.”
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