TBMC launches two new buy-to-let exclusives

TBMC the buy-to-let and commercial mortgage specialist, has launched two new exclusive buy-to-let mortgage products with Hinckley & Rugby Building Society.


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Monday 4th July 2011

TBMC launches two new buy-to-let exclusives

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The products include a 3.74% 2 year discount up to 75% LTV with £1999 completion fee and a 3.15% 2 year discount rate up to 60% LTV with a £1249 completion fee. Both carry a booking fee of £250 and there are no early repayment charges for either product.

Andy Young, chief executive at TBMC says:


"We have been working with Hinckley & Rugby Building Society for a number of months now, helping to develop and distribute their buy-to-let mortgage offering. Our initial exclusives with Hinckley & Rugby have been very popular and these new rates are even more competitively priced. Therefore we are expecting a high level of interest from brokers and their landlord clients"

Gill Vernau, responsible for intermediary development at Hinckley & Rugby says:


"The buy-to-let mortgage market is continuing to show signs of growth as property prices remain low and rental demand is high. Our initial buy-to-let offering via TBMC has been successful and we are keen to continue offering highly competitive products to property investors in the buy-to-let sector. As an experienced buy-to-let mortgage specialist, TBMC is an ideal distributor for our buy-to-let products and we are expecting to write a good level of new business with them."

Author:
Millie Dyson Online Editor Online Editor
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