Quantum Mortgages have announced a product update. Contact our team for more information on how we could help you and your business. If you would like further information directly from Quantum Mortgages, visit their intermediary site here.
Quantum Mortgages Introduces QML Pro:
A Specialised Mortgage Range Catering to Unique Property and Borrower Circumstances
Quantum Mortgages, a progressive force in the specialist BTL market, is thrilled to announce the launch of QML Pro, a more specialist range designed to accommodate properties and situations that fall outside the standard Quantum Mortgages criteria. With its unique features and flexible criteria, QML Pro is tailor-made for applicants with specialised property types and specific market experience, aiming to serve investors and homeowners who may not meet traditional lending requirements.
Key Features of QML Pro:
Specialised Property Consideration: QML Pro welcomes various property types, including but not limited to HMOs and multi-unit properties greater than 12 rooms / units, properties with unique construction types, properties valued below £70,000, freehold flats, maisonettes, coach houses, and properties with specific usage class restrictions. A specialist valuer can assess properties that fall into non-standard categories.
Acceptable Tenancy Types: QML Pro embraces various tenancy types, including standard ASTs, holiday lets, corporate lets, DWP housing association tenancies, and tenancies with trading companies as acceptable corporate structures. There is no minimum or maximum tenancy term.
Maximum Loan Flexibility: With a maximum loan limit of £1 million, QML Pro caters to a diverse range of property investments, providing financial support to a broader spectrum of borrowers
Extensive Lending Area: Borrowers across England, Wales, and Northern Ireland can benefit from QML Pro’s specialised mortgage offerings.
To ensure the seamless processing of QML Pro applications, Quantum Mortgages maintains high standards for solicitors representing the company, requiring them to be authorized and regulated by the Solicitors Regulation Authority, registered with the Law Society, and hold relevant accreditations.
Jason Neale, MD of Quantum Mortgages, expressed his enthusiasm about the QML Pro launch, stating, “At Quantum Mortgages, we are committed to enabling homeownership opportunities for all, even those with unique property circumstances. QML Pro embodies our dedication to offering flexible solutions that cater to the diverse needs of our customers.”
For more detailed information about QML Pro’s unique criteria and benefits, please refer to the product guide available here: