Tipton BS unveils new buy to let offering

Tipton and Coseley Building Society has launched its new product range of buy to let mortgages, with a variety of 70% LTV purchase and remortgage products now on offer.

The building society has entered the buy to let market with a range that includes a two-year discount with an initial rate of 2.78% for new purchase.

This is a discount of 2.71% from the buy to let variable rate and has a £999 arrangement fee.

The new products are only available through intermediaries.

On offer from Tipton is also a remortgage deal, which is a two-year discount rate at 2.98% (2.51% below its buy to let variable rate), with a £199 booking fee and £799 arrangement fee.

This offer includes free standard legal fees and free standard valuation.

Richard Groom, head of mortgage sales for Tipton said:

“We’re delighted to launch a new buy to let portfolio, especially as research suggests that a quarter of homes over the next decade will be rented out. We’re capitalising on this suggested trend and look forward to developing and growing our market share.”


Get in contact with us: 0345 345 6788 or ...

Submit an enquiry
Arrange a call back