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TMA adds Greenfield Mortgages to panel

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  • 16/01/2020
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TMA adds Greenfield Mortgages to panel
TMA mortgage club has added short-term lender Greenfield Mortgages to its panel giving its members access to the lender’s range of products.

 

Greenfield offers loans between £26,000 to £5m on up to 70 per cent loan to value (LTV) and claims to provide a decision in principle (DIP) within an hour. 

Terms are available for up to 12 months and there are no minimum income or affordability requirements. Furthermore, the lender said it considers properties that are uninhabitable or in need of refurbishment. 

Lisa Martin, development director at TMA, said: “As customer lending becomes more varied, we are committed to ensuring that intermediaries have access to a varied selection of lenders and propositions. 

“Welcoming Greenfield to our lender panel is testament to the fact that we are constantly striving to offer our members a proposition that evolves and adapts with the market. Our firms will now be better equipped to serve customers looking for short-term lending solutions – with the added benefit of fair and no-nonsense underwriting.” 

Averil Wagoner (pictured), relationship manager at Greenfield Mortgages, added: “We’re pleased to be kicking-off the new year by joining TMA’s specialist panel of lenders. We look forward to growing our relationship with TMA and supporting members in placing their regulated and unregulated bridging cases.” 

 

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