Buy to Let Business Mortgage Club launch H&R deals

At 60% loan to value the society is offering a 2.89% 2-year discounted rate with a £2,249 arrangement fee and at 75% LTV a 3.29% with a £1,999 arrangement fee.

Ying Tan, The Buy to Let Business managing director, said: “We have seen a strong start to 2013 with lenders jostling for market position and we expect this trend to continue.

“These new exclusives with Hinckley & Rugby Building Society demonstrate our blossoming strategic partnership with this ambitious lender.”

Emily Smith, assistant business development manager at Hinckley & Rugby, said: “Since we teamed up with Ying and his team last year we have been delighted with the volume and quality of applications received. We are hoping that these new rates will yield many more applications via The Buy to Let Business .”

Both products come with a free valuation, no early repayment charges and rental calculation is 135% @ pay rate.