You are here: Home - News -

TMA adds exclusive Precise BTL product

by:
  • 17/10/2017
  • 0
TMA adds exclusive Precise BTL product
TMA Mortgage Club (TMA) has launched an exclusive three-year fixed rate buy-to-let portfolio product with Precise Mortgages for members of its mortgage club.

The deal is available for landlords with up to twenty properties with a combined value of £5m with Precise, but allows unlimited borrowing elsewhere.

The product is at 3.65% for up to 75% loan to value with a maximum loan of £500,000, and is available to individual and limited company landlords for both purchase and remortgage.

TMA senior product and business manager Rob McCoy (pictured) said the club was delighted to be working with Precise for the offer.

“Not only is the deal competitively priced, but Precise Mortgages also offers portfolio limits higher than most other lenders, giving our members exclusive access to another strong product to offer their landlord clients.

“We expect the deal to be very popular with our members and look forward to working with Precise Mortgages in the future,” he added.

Precise Mortgages head of key accounts Richard Keen said: “Following our successful launch into portfolio buy-to-let we are delighted to be working alongside TMA to further promote this proposition to the club’s members.

“The heavy-lifting that we will manage will enable brokers to transition smoothly into this exciting area.”

There are 0 Comment(s)

You may also be interested in

Bridging

Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.

Commercial

Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions
Read previous post:
Philip Hammond Budget 2017
Chancellor floats idea of Stamp Duty cut for first-time buyers

Speculation is rife that Chancellor Philip Hammond is considering a “big cut” in stamp duty for first time buyers (FTBs),...

Close