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TBMC launches Hanley Economic exclusive trackers

  • 11/02/2014
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TBMC, the buy-to-let and commercial mortgage specialist, has launched a 3.50% variable term discount up to 75% LTV with no arrangement fee, and a 4.09% variable term discount up to 80% LTV with a £999 arrangement fee.

Andy Young, chief executive at TBMC, said: “We are delighted to be working closely with Hanley Economic Building Society to develop its buy-to-let mortgage offering in 2014. Both of these new buy-to-let rates are market-leading, there is no completion fee on the 75% LTV rate and there are no Early Repayment Charges after two years for either product.

“In the current marketplace, with historically low interest rates, choosing a variable buy-to-let mortgage can be financially favourable for landlord clients. These new products are keenly priced and without a long term tie-in, we are expecting them to be a popular choice.”

Rob Hassall, business development manager at Hanley Economic Building Society, said: “2014 is likely to be another good year for the buy-to-let sector and we are developing our mortgage proposition to offer highly attractive products for landlords.”

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