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Mortgage News

TBMC launches two BTL exclusives with Accord

Simret Samra
Written By:
Posted:
July 30, 2012
Updated:
July 30, 2012

TBMC, the buy-to-let and commercial mortgage specialist, has launched two buy-to-let exclusives through Yorkshire Building Society’s buy-to-let, Accord Mortgages.

There is a 3.25% two-year BBR tracker up to 65% LTV with a 2% lender fee; and a 3.49% two-year BBR tracker up to 75% LTV with a 2% lender fee.

Both products offer £500 cashback on completion.

Andy Young (pictured), chief executive of TBMC said: “We are delighted to launch these highly competitive exclusive buy-to-let mortgages with Accord, adding to our existing range of exclusive products. Both products are keenly priced and the £500 cashback incentive should make them popular with intermediaries and their landlord clients.

“We are looking forward to working with Accord in developing and distributing their buy-to-let mortgage offering.”

Chris Maggs, national account manager at Accord, added: “The buy-to-let market has continued to develop this year and there is currently high demand from property investors for buy-to-let mortgages.

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“We have teamed up with TBMC to distribute these excellent products in order to manage volumes and deliver the right quality of new business. TBMC’s knowledge and expertise in the buy-to-let mortgage market will help us to manage product distribution and achieve our lending targets in the buy-to-let sector.”