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Buy to Let Business Mortgage Club adds second lender to panel

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  • 21/09/2012
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Buy to Let Business Mortgage Club adds second lender to panel
The Buy to Let Business Mortgage Club has added Principality Building Society to its panel of lenders.

The firm launched its mortgage club earlier this week and has now added the Principality to its panel.

Members will have access to Principality’s entire range, including a two-year buy-to-let tracker mortgage at 3.69%.

The product is available for purchase and remortgage up to 60% LTV, with a £99 commitment fee and a 1% arrangement fee.

This product also comes with free standard legal fees for remortgages, no early repayment charges and £99 cashback on completion.

Ying Tan, managing director at The Buy to Let Business, said: “The launch of our club has gathered great momentum. The demand to be part of the mortgage club from both brokers and lenders is very high.

“I am delighted to welcome Principality onto our panel. Principality has an impeccable track record of excellent service with market leading innovative products particularly at the lower loan to value.”

Jason Newsway, head of intermediary sales at Principality, added: “We have been working with Ying and his team for some time and have been extremely impressed by their market knowledge and the overall expertise in the buy to let market.

“We are delighted to be part of this proposition and wish them every success.”

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