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
Updated BTL Criteria
- Increase loan amount for a HMO to £2m
- Increase loan amount for a MUB to £3m
- Increase in New Build to £2m
- Increase in Flats above commercial properties to £2m
- Aggregate lending limit to apply to any type of property
- Separate concentration limits for flats and houses on individual developments and buildings
- Updated concentration limit for small block of flats