TBMC launches 80% fix with Leeds Building Society

TBMC, the buy-to-let and commercial mortgage specialist, has just launched a new exclusive buy-to-let mortgage with Leeds Building Society which is available up to 80% LTV.


Related topics:

Tuesday 11th December 2012

TBMC launches 80% fix with Leeds Building Society

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The initial rate is 4.99% fixed until 28/02/2015 with a flat completion fee. There is a free valuation up to £335 for purchases and remortgages, and free legals for remortgages only.

Andy Young, Chief Executive at TBMC says:

“This is an excellent new buy-to-let exclusive available up to 80% LTV and is a great choice for landlord clients who want a higher-geared investment. It is also an excellent remortgage product, especially for those looking to release equity from existing properties. With high rental yields and strong tenant demand, it could be a good time for landlords to consider expanding their portfolios with further buy-to-let properties.”

Parveen Kumari, Intermediary Account Manager at Leeds Building Society, added:

“The buy-to-let mortgage market has performed well so far in 2012 and Leeds has competed successfully with its buy-to-let proposition. We have been targeting specific segments of the market by distributing certain products through specialist buy-to-let broker, TBMC. Our previous 80% LTV exclusive with TBMC has sold well and we are expecting this re-designed version, also with a free valuation, to be popular too.”

Author:
Amy Loddington Communications director Communications director
Do you have a story for Financial Reporter?
Get in touch

Comments:


Breaking news
Direct to your inbox:

More
stories
you'll love:

Latest from:

Property Reporter


Protection Reporter


Modern Lender