TBMC & Skipton launch BTL mortgage from 3.99%

TBMC is now offering two new 3 year fixed rate buy-to-let mortgages with Skipton Building Society; a 3.99% fixed rate up to 65% LTV and a 4.39% fixed rate up to 75% LTV.

Related topics:  Mortgages
Amy Loddington
3rd December 2012
Mortgages
Both products have a flat completion fee of £995 and come with a free valuation and free legals for remortgages.

Andy Young, Chief Executive at TBMC says:

"We are delighted to launch these highly competitive buy-to-let exclusives with Skipton Building Society. 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. The incentives for remortgages include a free valuation and free legals, so these deals may be attractive to landlords planning to release equity in their existing properties and expand their portfolios.

"It is great to see that lenders are continuing to offer excellent products for landlords and are building strong relationships with specialist intermediaries like TBMC, in order to provide them with bespoke products tailored to the needs of their clients. TBMC’s last buy-to-let exclusive with Skipton was very popular and we expect these new products to sell well too."

Paul Darwin, Head of Intermediary Sales at Skipton Building Society, added:

"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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