TBMC launches exclusive with H&R

The deal has a flat completion fee of £1295 and a booking fee of £250.

Andy Young, chief executive at TBMC, said: “This is a competitively priced fixed rate and will be very attractive to landlords looking to fix their costs for the next couple of years, especially given the current fragility of the UK economy.

“The low initial rate and flat fee will help to make this product stand out and it is great to see Hinckley & Rugby continuing to provide excellent financial solutions for buy-to-let property investors.”

Gill Vernau, intermediary development at Hinckley & Rugby, said: “Hinckley & Rugby is continuing to develop its buy-to-let mortgage proposition with careful management of our product design and distribution strategies.

“Our current discounted products being distributed via TBMC are proving popular with landlords but there is also high demand for fixed rates.

“We believe this product is very well priced and should meet the needs of landlords looking to fix over the short term. TBMC’s buy-to-let expertise will help us to reach our target audience.”