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TBMC launches 4.50% buy-to-let exclusive

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  • 02/08/2011
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TBMC launches 4.50% buy-to-let exclusive
TBMC has launched a buy-to-let exclusive from Leeds Building Society, offering a two-year discount at 4.50% with no completion fee.

The deal is available up to 70% LTV, has a booking fee of £199 and comes with a free valuation up to £335 and free legals for remortgages.

Andy Young, chief executive officer at TBMC, said: “The product is extremely competitive in the 70% LTV bracket and will be particularly attractive to brokers and their landlord clients looking for a no fees scheme.

“The free valuation and free legals package make this an excellent deal and we are expecting it to be very popular in the marketplace.”

Phil Coombes, head of intermediary sales at the Leeds, said: “The buy-to-let sector continues to show signs of improvement and presents good opportunities for landlords looking to develop their investment property portfolios. At Leeds, we are continuing to develop our buy-to-let mortgage proposition to meet the current needs of residential property investors.”

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