TBMC launch new tracker mortgage deals.
Tracker mortgage deals are getting more competitive.
Specialist buy to let mortgage provider TMBC recently announced it is adding two new competitively priced buy to let tracker mortgage deals to its range.
Buy to let property investment continues to remain a profitable way for some to boost their pension pot or increase their property portfolio.
If you are currently looking for a cheap deal many competitive rates are on offer through lenders keen to support investment landlords.
Swap rates are falling. TBMC's buy to let trackers are pegged to the base rate and with swaps falling many other lenders are predicted to cut variable rate offers further.
TBMC offer a 2 year tracker at a rate of 3.25% for 65% LTV and a rate of 3.49% for 75% LTV.
With both trackers a fee of 2% is charged however £500 cash-back will be refunded upon completion.
A TBMC spokesperson commented saying that the 2 new tracker mortgages complement its existing buy to let mortgage range. Adding that both new deals have been priced competitively and the cash-back offer should make them popular.
Contact Deal Direct for a low rate mortgage quote.
