TBMC is offering a new two-year fixed rate buy-to-let mortgage, funded by the Skipton Building Society.

The initial rate is 4.29%, fixed for two years and is available up to 75% LTV with a 1% completion fee.

Free legals and valuations are available for remortgages on properties valued up to £500,000.

“We are delighted to launch this new buy-to-let exclusive with Skipton Building Society, which is highly competitive amongst 75% loan-to-value products currently on offer in the marketplace,” said Andy Young (pictured), the buy-to-let and commercial mortgage specialist’s chief executive.

“For those clients looking to remortgage, and perhaps release equity to expand their portfolios, it could be a great choice. We are certainly expecting this product to be popular amongst our business introducers.

“The buy-to-let mortgage market has performed well so far this year and there is a good level of competition amongst lenders. We are now seeing more lenders using exclusive products to target particular customers, which is great news for TBMC and intermediaries working in this sector.”

Paul Darwin, head of intermediary sales at Skipton Building Society, added: “Skipton Building Society is keen to provide a competitive buy-to-let mortgage offering for landlords and also to support the intermediaries who write buy-to-let business with us.

“We are pleased to be able to offer this new exclusive buy-to-let mortgage with TBMC, a buy-to-let specialist which consistently provides us with high quality applications via its distribution channels.”