Specialist buy-to-let lender The Mortgage Lender (TML) has doubled its minimum loan size to £50,000 across select products.
In its holiday and short-term let products, which come on both two and five-year fixed rate terms and at 70 and 75 per cent loan to value (LTV), the minimum loan is now £50,000. The maximum loan for this range is £1m.
Two-year fixed rates in this range start from 3.67 per cent, whilst five-year fixed rates start from 4.16 per cent.
The change also applies to its portfolio multi loan, which is available to individuals and limited companies.
Products come on both two and five-year fixed rate terms and are available at 70, 75 and 80 per cent LTV.
Two-year fixed rates start from 3.35 per cent, whilst five-year fixed rates begin from 3.59 per cent.
Small loans up to £200,000 also have a minimum loan size of £50,000, which applies to two and five-year fixed rate at LTVs of 70, 75 and 80 per cent.
Two-year fixed rates start at 4.27 per cent and five year fixed rates are priced at 4.19 per cent and above.
In its core range and fee saver range, the minimum loan stands at £75,000, while the minimum for large loan products is £500,000.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
