TML has announced a market update, see below. The TML range of products are available through our direct to lender mortgage club and our fees free packager. Contact us to see how you can benefit from our club or packaged support.
View their latest product and criteria here.
Announcement
Residential Product Withdrawal
We are withdrawing our Residential products while we review our pricing.
Applications must have fees paid and be fully submitted by close of business on Monday 5th June to secure the current product rates.
We expect to have our new Residential and Buy to Let ranges available from Wednesday 7th June.
If you have any questions, please contact us on 0344 257 0418.
Re-introduction of fixed rates
RESIDENTIAL & BTL PRODUCT REPRICE
- Re-introduction of fixed rates
- Increased rates across both Residential & BTL products
- No changes to customer fees
Tenants, Landlords and Energy Efficiency Pressures
Tenants are putting additional pressure on landlords to improve energy efficiency.
Recently, we posted an article that highlighted the legal burden landlords are under to meet EPC requirements. While most of these changes are driven by legal obligations, recent research by Shawbrook Bank has revealed another area where concerns have been raised. 21% of property renters have spoken to their landlords about making improvements to their properties as a means of increasing the levels of energy efficiency.
What has been the primary motivation for tenants to pick up this conversation?