Highlights of the remortgage product include an initial fixed rate of 4.50% until the end of 2012 with free valuation, free legals and no completion fee.
Andy Young, chief executive at TBMC, said: “We are very pleased to be launching this excellent buy-to-let remortgage exclusive with Buckinghamshire building society. The product is competitive in the 60% loan-to-value bracket and with free valuation and free legals it should be very attractive to existing landlords interested in refinancing.
“As the product also has no completion fee, we are expecting it to be very popular amongst intermediaries and their property investor clients.”
Kate Buggs, head of customer service at Buckinghamshire, added: “Buckinghamshire building society is delighted to offer this new and keenly priced buy to let remortgage product which is available to intermediaries via TBMC.
“The buy-to-let sector is continuing to improve and we have identified new opportunities for lending to landlords with equity who are currently looking to remortgage. We are expecting this product to drive significant business volumes and have chosen TBMC to manage its distribution.”
