Buy to Let Business launches mortgage club

To celebrate the launch The Buy to Let Business Mortgage Club has announced its partnership with Hinckley and Rugby Building Society with a 3.84% 2-year discounted rate available up to 75% LTV.

The product is available only to members and comes with no early repayment charges, no defined minimum income, a £1999 arrangement fee and a free valuation.

Ying Tan, managing director of The Buy to Let Business, said: “I’m delighted that we can formally launch this exciting proposition. We aim to inject fresh energy and innovation in this booming sector.

“The exclusive with Hinckley and Rugby Building Society demonstrates their commitment and hunger to penetrate the buy-to-let market. ”

Members will also benefit from enhanced procuration fees and a specialist broker helpdesk, Centre of Excellence.

With the support of a helpdesk less experienced brokers will be able to build their percentage of buy-to-let business and increase their market share.

Carolyn Thornley-Yates, business development manager at Hinckley and Rugby Building Society, said: “We are very pleased to have established this new relationship with The Buy to Let Business and to have tailored an exclusive product which will hopefully prove popular in the buy to let market.”