In its residential range, mortgage rates have fallen by up to 0.66 per cent including in its Real Life 0, Real Life 1 and Real Life 2 ranges.
The range has different acceptable levels of unsecured arrears, secured arrears, County Court Judgments and defaults.
Its two-year fixed rate in its RLI range at 85 per cent loan to value (LTV) has fallen by 0.56 per cent and its five-year fixed rate in its RL0 range has decreased by 0.65 per cent.
The lender has also lowered its core remortgage, incentive ranges and purchase with incentive ranges
In its buy-to-let range, rates have been reduced by as much as 0.9 per cent.
This includes its five-year fixed rate at 75 per cent LTV in its core range for houses in multiple occupation (HMO) going down by up to 0.9 per cent.
Its two-year tracker deal has decreased by 0.67 per cent.
TML: ‘Continuing support for brokers’
Steve Griffiths, sales and product director at TML, said: “We’re pleased to announce reductions across the majority of our product ranges.
He continued: “At a time of increased cost of living, whether you are a homeowner, first-time buyer or property investor, everyone is looking for the best option available on the market to suit their circumstances.”
“We strive to provide our broker partners access to competitive mortgage deals and the ability to offer their clients attractive products with appealing incentives.
“The re-price highlights our aim to continue supporting our brokers and their clients’ property ambitions and to lend for real life,” Griffiths continued.
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.
