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The Mortgage Lender sets product launch date

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  • 08/07/2016
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The Mortgage Lender sets product launch date
The Mortgage Lender, the latest specialist finance provider to launch exclusively to the intermediary market, will be open for business next week.

It will begin accepting broker registrations, decision in principles and processing applications from Monday 11 July.

Its range will cater for self-employed borrowers, those taking mortgages into retirement and customers who don’t fit high street criteria.

The products are available up to 85% loan-to-value (LTV). Rates include a two-year tracker priced at 2.18% and fixed rates starting from 2.41%. It’s minimum income for borrowers is set at £15,000.

The Mortgage Lender chief executive Trevor Pothecary (pictured) said: “It’s taken a lot of hard work and dedication from the management team for us to launch a new lender from scratch. I want to thank everyone who has been involved at The Mortgage Lender and the introducers who have welcomed us to the market and supported us so far.”

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