The specialist will offer the product at 4.29%, available up to 75% LTV. A 1% completion fee applies, with free legals and valuations available for remortgage properties worth up to £500,000.
Andy Young (pictured), chief executive at TBMC, commented: “We are delighted to launch this new buy-to-let exclusive with Skipton Building Society, which is highly competitive amongst 75% loan-to-value products currently on offer in the marketplace.
“For those clients looking to remortgage, and perhaps release equity to expand their portfolios, it could be a great choice. We are certainly expecting this product to be popular amongst our business introducers.
“The buy-to-let mortgage market has performed well so far this year and there is a good level of competition amongst lenders. We are now seeing more lenders using exclusive products to target particular customers, which is great news for TBMC and intermediaries working in this sector.”
Paul Darwin, head of intermediary sales at Skipton Building Society, added that the mutual was eager to work closely with firms who provide high quality applications.
“Skipton Building Society is keen to provide a competitive buy-to-let mortgage offering for landlords and also to support the intermediaries who write buy-to-let business with us.
