The 75% loan to value 2-year discount buy-to-let mortgage is available at 2.5% with a £250 arrangement fee and £1,995 on completion. The overall cost for comparison is 5.1% APR.
Carolyn Thornley-Yates, Hinckley & Rugby’s business development manager, said: “This is a keenly priced mortgage which we are delighted to be bringing to market on an exclusive basis with TBMC.”
Andy Young, chief executive at TBMC, added: “TBMC is pleased to launch this excellent new buy-to-let exclusive with Hinckley & Rugby.
“We continue to work together to bring a competitive buy-to-let proposition to the market that meets the needs of UK landlords.
“This is a keenly priced product which we are expecting to be popular with brokers and their buy-to-let clients.”