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
For many aspiring homeowners, the first step onto the ladder is the hardest – and your first-time buyer clients are feeling it.
Our 2025 Home A-Loan research shows that 46% of first-time buyers have had a mortgage application declined, with deposit size remaining one of the biggest barriers.
This challenge is being compounded by ongoing cost-of-living pressures. The average person is now £224 short each month. At the same time, 17% have taken on a second job or side hustle just to stay on track.
Saving a 10% or larger deposit is increasingly out of reach – even for clients who would otherwise be ready to buy.
Yet the ambition remains. Nearly half (49%) of adults are still optimistic about their financial future.
That’s why 95% mortgages matter
By reducing the upfront deposit hurdle, our residential range can help you support more first-time buyers who have the income, intent and resilience – but need a more accessible starting point.
For the Bold and the Brave
We’re here for those that hustle. That keep pushing. Ready to unlock their future. Not letting the dream of owning a home go away. Our residential mortgages are designed for real life, not rigid checklists.
Our residential mortgage offering is designed to see the whole picture:
- Up to 95% LTV residential mortgages
- Up to 5.5x LTI
- We look at profit before tax plus salary for limited company directors, giving a greater capacity to lend
- We look at latest year’s figures for self-employed
- Contractors considered with just three months’ history (income up to a max weekly rate × 48)
- Additional income considered – including benefits, maintenance and second jobs
We’ve made some changes to our BTL range
Good news! From today, Tuesday 12th May, we’ve made some changes to our BTL range.
- Rates have been reduced by up to 0.35% on both our 2-year and 5-year fixed rate products.
- Rates now start from 4.14% for standard properties, and 4.29% for MUBs.
We’ve relaunched a selection of our 2-year and 5-year fixed rate products at 75% LTV.
Don’t forget, we can lend:
- Up to £3m per loan
- Up to £5m per customer
- No set cap on portfolio size
With our real-life BTL criteria, we see the ambition – not just the property.