TBMC has launched a two-year discount buy-to-let mortgage with Kent Reliance, available up to 80% LTV with an initial rate of 4.79%.
The rate is a 1.79% discount on the lender’s SVR and has a product fee of £2,999.
Andy Young (pictured), chief executive at TBMC, said: ‘This product is very competitive in the higher LTV bracket and it should be popular with intermediaries and landlords alike. We have a great working relationship with Kent Reliance, which currently has an excellent buy-to-let offering.”
Tony Hall, head of distribution at Kent Reliance, said: “Kent Reliance is continuing to develop its buy-to-let proposition as part of its mortgage product strategy for 2012
“We have partnered with TBMC to help generate the level of buy-to-let business we are looking for at 80% LTV.”
