The Mortgage Lender extends BTL range to whole of market

The Mortgage Lender extends BTL range to whole of market


Todays other news
The move from the Bank of England to cut base...
To achieve government’s EPC targets by 2035, landlords across the...
Britons’ ideas of a classic home are changing as a...
A leading local authority when it comes to landlord fines...
City of Wolverhampton Council has unveiled plans to outsource its...


The Mortgage Lender has extended its buy-to-let offering, ensuring that its products are available to the whole broker market, following a pilot with eleven partner firms

The range on offer by the specialist lender, which entered the buy-to-let market last month, cater for individuals, limited companies and HMOs with two and five-year fixed rate deals on offer as well as a two-year tracker.

The Mortgage Lender will lend on HMO properties, multi-unit freeholds, ex-council properties, new builds and flats above commercial properties.

 

The BTL mortgage products, available up to 80% loan-to-value, will appear on Mortgage Brain, Trigold, 27 Tech, APAC Systems, Moneyfacts and Defaqto.

 

Peter Beaumont, deputy chief executive of The Mortgage Lender, commented: “Our buy-to-let products have been flying since we launched with our exclusive partners in May so it’s time to open it up to the rest of the market.

 

“Brokers like the fact we lend in Scotland, don’t have a minimum earned income and we’ll lend up to £2m. Our arrangement fees are also pretty competitive.”

Share this article ...

Recommended for you
Related Articles
A landlord who persistently failed to license several rented properties...
The government has released more information on its new Renters...
A Landon council has helped prosecute two rogue landlords renting...
Recommended for you
Latest Features
The move from the Bank of England to cut base...
To achieve government’s EPC targets by 2035, landlords across the...
Britons’ ideas of a classic home are changing as a...
Sponsored Content
Landlords, if you haven't heard of it until now, it's...
As a seasoned landlord, you've likely witnessed the UK property...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here