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
New, lower BTL rates
We’re always looking for ways to give you, and your clients more. And right now, that means charging less.
The Bank of England base-rate might be going up, but our BTL rates are coming down. We’re re-pricing our popular 5-year, 75% and 80% LTV products, and launching a new 5-year, 70% LTV at just 3.20%.
- Rates down from 3.45% to 3.33% (standard) and 3.55% to 3.45% (HMO) on 5-year, 75% LTV
- 80% LTV now at 4.05%
- No completion fee for standard BTL (0.75% for HMO), plus free valuation and cashback (or free legals for remortgage)
- New 5-year 70% LTV at 3.20%. Completion fee £2495