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
Lock in a low rate for your BTL clients
Lower rates and a five-year fix for BTL
No one knows when the Bank of England base rate will go up. But now you could protect your BTL clients from nasty shocks for a whole five years.
We’ve dropped the rate on our 75% LTV five-year fix for buy-to-let mortgages to just 3.44% for standard properties and 3.55% for HMO properties. There’s no completion fee for standard BTLs, while for HMOs there’s a new low fee of 0.75%.These great products are available for remortgage as well as purchase, too.
So now your BTL clients can do more with less, raising capital and locking in rates till at least 2026.
We’re all about doing more, for all types of landlords including our reduced fixed fee product with 75% LTV, 3.24% and a £2495 completion fee.
View our products here.