TBMC lowers Skipton three-year buy-to-let fixed rates

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Andy Young of TBMC

TBMC is now offering two new three-year fixed rate buy-to-let mortgages with Skipton Building Society.

The pair of deal consist of a 3.79% fixed rate up to 65% LTV and a 4.19% fixed rate up to 75% LTV.

Both products have a flat completion fee of £995 and come with a free valuation and free legals for remortgages.

Andy Young (pictured), chief executive at TBMC, said: “2012 was a good year for the buy-to-let mortgage market with more lenders and products available for brokers to choose from. This has led to increased competition and 2013 has already seen some excellent buy-to-let rates being offered in the marketplace.

“These two new buy-to-let exclusives with Skipton are very attractively priced – 0.2% lower than previously – and include excellent incentives for remortgages. They should be popular with landlords looking to fix their monthly costs.”

Paul Darwin, head of intermediary sales at Skipton Building Society, said: “Following a solid performance in 2012, the buy-to-let mortgage market will continue to provide good opportunities for intermediaries in 2013. Skipton will therefore continue to support the intermediary market with competitive buy-to-let products designed to meet the needs of their landlord clients.

“TBMC, as a buy-to-let mortgage specialist, provides a focussed distribution channel for these excellent new fixed rates which should drive good levels of new business.”

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