TML relaunches residential and buy-to-let ranges

Both ranges have been repriced to reflect the market.


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Wednesday 7th June 2023

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The Mortgage Lender has relaunched its residential and buy-to-let product ranges.

TML withdrew all of its buy-to-let fixed rates two weeks ago, citing "increased cost of funding", alongside a number of other lenders.

Residential products include the specialist lender’s cashback and fee saver options as well as two and five-year core products starting from 6.19% with a £995 completion fee.

Core buy-to-let products include a variety of fee options across the range with 75% LTV five-year fixed rates starting at 5.49% and two-year fixed rates from 5.94%. Additional options are available for HMO, expats and holiday and short term lets.

Steve Griffiths, chief commercial officer at The Mortgage Lender, commented: “In challenging market conditions we are pleased to be able to ensure minimal disruption to intermediaries and their customers by allowing a realistic submission window for our withdrawn products, followed by a timely full release of our re-priced range.

“We remain committed to providing our broker partners access to competitive mortgage deals and the ability to offer their clients attractive and suitable products combined with outstanding service delivery.”

Rozi Jones - Editor, Financial Reporter

Author:
Rozi Jones Editor, Financial Reporter
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