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Complex Buy To Let

TML releases limited edition BTL fixed rate deal

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  • 18/05/2021
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TML releases limited edition BTL fixed rate deal
The Mortgage Lender has launched a limited edition five-year fixed rate buy-to-let deal up to 75 per cent loan to value (LTV).

 

The product is priced at 3.56 per cent and is available to individual and limited company borrowers. It comes with a reduced completion fee of one per cent down from 1.5 per cent.

TML has set aside a £100m tranche of funds for the buy-to-let deal.

The Mortgage Lender sales director Steve Griffiths (pictured) said: “After the success of our limited edition buy-to-let tranche at the end of last year it’s clear brokers are looking for products that stand out from the crowd to meet the needs of their landlord clients.

“Developed alongside our broker partners the latest buy-to-let tranche has reduced fees and rates among the most competitive in the market. It is also backed by our reputation for underwriting the more complex cases in the specialist lending sector.”

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Samantha Partington is a freelance trade and consumer journalist writing about property and personal finance. Previously she worked worked for the Daily Mail and Property Week. She is the former deputy editor of Mortgage Solutions and editor of Specialist Lending Solutions. Before becoming a journalist, Samantha worked as a mortgage broker and latterly for a mortgage, bridging and secured loan lender. Samantha is CeMAP qualified. Follow her on Twitter @SamJPartington1.

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