The product is at a rate of 5.18 per cent with rent calculated at the pay rate.
John Olney TBMC’s Head of Buy to let lending said: ‘This is another coup for us. Since January 1st both our Buy to Let and Commercial departments have come up with some really outstanding rates and products which I believe will be a great help to our introducers in getting the applications rolling for 2005. In this instance we have a 2 year fixed at a low rate without the usual sting of an overhang to the Early Repayment Charge in its’ tail.’
