TBMC launches 80% LTV buy-to-let exclusive

TBMC is delighted to announce the launch of two new exclusive buy-to-let products with Chorley Building Society including a 4.99% 2 year discount available up to 80% LTV.

Related topics:  Specialist Lending
Millie Dyson
8th April 2011
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See below for highlights or visit www.tbmc.co.uk to view the full product range:

Product 1:

Lender name - Chorley Building Society   

Loan to value - Up to 80%   

Intial rate  -      4.99% (0.5% discount off the lenders SVR )   

Term - 2 years     

Reverting to -  Lender's standard variable rate (currently 5.49%)

Rental calculation - 125% at payrate   

Early repayment charge - 2% of amount being repaid for 2 years  

Completion fee  - £2500   

Booking Fee - £250


Product 2:

Lender name - Chorley Building Society   

Loan to value -  Up to 75%   

Intial rate  - 4.99% (0.5% discount off the lenders SVR )   

Term - 2 years        

Reverting to -  Lender's standard variable rate (currently 5.49%)  

Rental calculation - 125% at payrate   

Early repayment charge - 2% of amount being repaid for 2 years  

Completion fee  - £1500   

Booking Fee - £250
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