The first is fixed at 5.35 per cent until the end of 2007 reverting to 1.79 per cent base rate tracker with an APR of 6.6 per cent. And the second is fixed until the end of 2008 reverting to 1.79 per cent base rate tracker at 6.5 per cent APR. Both options are available for purchase or remortgage.
Bill Dudgeon, managing director of The Mortgage Business, comments: “TMB continually re-evaluates its rates and products to give brokers the best possible deal.
“In its niche area, TMBs rates are competitive and represent our commitment to our introducers. And together with TMBs affordability based underwriting, these products will enable brokers to offer specialist mortgages in a responsible manner.”
