TBMC has launched a new exclusive buy-to-let mortgage with Shepshed Building Society.

The deal has a 3.99% discounted rate for three years which is available up to 70% loan to value and has no early repayment charges. T

here is a flat completion fee of £849 and a booking fee of £150. The product is available exclusively to intermediaries through TBMC.

Andy Young, chief executive at TBMC, said: “[The deal] is very attractive in the 70% LTV bracket and with its low initial rate