TMA Mortgage Club (TMA) have unveiled a two-year fixed rate, 2.49%, exclusive with the Skipton Building Society, which will be available to TMA members and appointed representatives of the First Complete and Pink networks.

The product is available for remortgage customers only, who will receive £500 cash back upon completion. Customers will also receive a free standard valuation and no application or product completion fees.

It is available up to 70% loan to value throughout England, Scotland and Wales.

There is no minimum loan amount, although a procuration fee is only paid on loans £25,000 or more. The maximum loan is  £750,000.

Rob McCoy, senior product and business manager at TMA, said: “As the industry prepares to implement the buy-to-let market PRA changes, ahead of September’s deadline, we are seeing increased customer activity. We are therefore delighted to be launching an exclusive product with Skipton at this time.

“We are particularly excited about our added cashback offer which will allow customers to use their own preferred conveyancer – something that has become popular with our members.”