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.”
