The mortgages are a two-year discounted rate at 3.75% up to 70% LTV and a two-year discounted rate at 4.95% for remortgages, with free in-house legal services and no completion fee.
Andy Young, chief executive at TBMC, said: “The 3.75% discounted rate is a market-leader in the two-year, 70% LTV bracket and should prove very popular with brokers and their landlord clients.
“At TBMC, we have recently seen an increase in buy-to-let remortgage applications and expect the 4.95% remortgage product to be appealing for existing landlords looking for a new deal.”
Philip Coombes, head of intermediary sales at Leeds Building Society, said: “We are delighted to be working with TBMC to distribute these two new and highly competitive, buy-to-let mortgage products.”
