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
BTL loans with no limit on number of properties
As you may know, we have introduced our series of Tech Tips. Now here’s a fresh batch – and they’re all about how we don’t like limits.
We can lend up to £5 million with no limit on the number of properties in the landlord’s portfolio. That’s potentially very useful for your larger portfolio clients as well as companies and LLPs. And we’re open to remortgage cases, too.
TML BTL Product Changes
Please see attached updated TML Buy to Let Product Guide, including the following product changes:
- 2-Year and 5-Year 75% LTV Fees Assisted/£500 Cashback Products re-priced and completion fees reduced on standard & HMO
- 5-Year 75% LTV New High £ Fee re-priced from 3.44% to 3.44% (£2,495 comp fee)