The Mortgage Lender (TML) has stopped accepting new business as it reprices in light of ongoing economic volatility in the UK.
The lender joins the ranks of Virgin Money, Skipton Building Society, Hodge Bank, Post Office Money, Vida Homeloans and Bank of Ireland to have stopped accepting business from new customers.
A statement read: “We are opening our portal for case management on existing fully submitted cases only, (document/note uploads and Offer document access).
“Due the volatility of the financial markets we are currently repricing our mortgage products and any new case will be unable to obtain a lending decision.”