TBMC launch exclusive 80% LTV

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:  Mortgages
Amy Loddington
20th August 2012
Mortgages
- The initial rate is 4.79% fixed until 30/11/2014

- 3.50% completion fee.

- Free valuation up to £335.

Andy Young, Chief Executive at TBMC says:


“We are delighted to launch this highly competitive 80% LTV buy-to-let mortgage with Leeds Building Society which is available exclusively via TBMC. The product is keenly priced for those looking at a higher geared property investment and fixed monthly costs. The free valuation also makes it particularly attractive.

“We already have a 70% LTV exclusive with Leeds which has driven significant levels of buy-to-let applications and we are expecting this new addition to the product range to be equally popular amongst our brokers and their landlord clients.”

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

“We have been working with TBMC for some time now to help generate new buy-to-let mortgage applications. They have successfully introduced good levels of business with their existing 70% LTV exclusive with us and always provide high quality applications.”

“We are continually looking to develop our buy-to-let product range to compete in this dynamic market and to meet the needs of landlords. We have designed this 2 year fixed rate specifically to standout in the 80% LTV bracket and expect it to sell well.”
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