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TBMC launches BTL deals starting from 3.40%

  • 12/11/2012
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TBMC launches BTL deals starting from 3.40%
TBMC, the buy-to-let and commercial mortgage specialist, has launched eight new buy-to-let mortgage deals with Mortgage Trust, available up to 75% Loan to Value.

Rates start at 3.40% for a two-year Libor tracker, and the range also includes a 3.69% two-year fixed rate.

Both deals have a 3.5% lender fee and are available up to 75% LTV. All deals are distributed via TBMC.

Andy Young, chief executive at TBMC said: “The products have been designed in such a way as to provide a wide range of options to brokers depending on the needs of their landlord clients.”

“TBMC will benefit from a dedicated team of underwriters at Mortgage Trust helping to ensure that applications are processed efficiently and that we deliver the high service standards you would expect from a leading buy-to-let specialist.”

Paul Clampin, director of mortgage underwriting at Mortgage Trust added: “We have chosen to distribute these products through TBMC, whose specialist buy-to-let knowledge and distribution will help to deliver the right level and quality of applications.”

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