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TBMC targets niche landlords with Shawbrook BTL range

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  • 10/06/2013
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TBMC targets niche landlords with Shawbrook BTL range
TBMC has released a buy-to-let range in partnership with Shawbrook Bank which targets niche landlords.

The products include three, five, and 10-year tracker rates up to 75% LTV which are available for Houses in Multiple Occupation (HMOs), student lets, limited companies and portfolios.

TBMC chief executive Andy Young (pictured) said: “At the moment there are only a couple of lenders operating in the specialist buy-to-let market, so it is great to see another lender offering solutions for buy-to-let investors.

“As a predominantly commercial lender, Shawbrook takes a flexible approach to lending, looking at the overall proposition of the case rather than ticking rigid criteria boxes. This should be of benefit to many brokers and their landlord clients who have less mainstream lending requirements.”

Shawbrook Bank managing director Stephen Johnson said the lender was keen to provide financial solutions for residential property investors: “We believe we have one of the broadest range of lending options for the professional investor of any specialist bank and are very excited about the opportunity of working with such a highly regarded team as TBMC.”

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