The Mortgage Lender (TML) has introduced a number of rate reductions across its buy-to-let (BTL) and residential product ranges, in addition to expanding the accessibility of its BTL limited edition products.
TML has made several price reductions across its BTL range.
This includes a number of the lender’s 5-year fixed rate standard products reducing by 0.05%, its 5-year fixed rate houses in multiple occupation (HMO) product reducing by 0.10%, and the 5-year fixed rate fee saver HMO reducing by 0.15%.
In addition to this, TML has widened the distribution access on its 5-year 75% LTV limited edition multi-loan product, with it now being available to all mortgage brokers.
TML has also made a number of rate reductions of up to 0.25% to its residential range, these include changes to its 2-year and 5-year Real Life Core range.
TML has also removed valuation fees on all core products up to 75% LTV.
Chris Kirby, head of sales at The Mortgage Lender (TML), said: “As a lender committed to the intermediary market, and helping to provide brokers with solutions for their customers, we’re pleased to announce a number of rate reductions across our BTL and residential ranges.
“We continuously monitor our product ranges and propositions, aiming to provide valuable options and opportunities for our broker partners to offer to landlords, homeowners and first-time buyers alike.Â
“Our latest rate reductions, alongside removing valuation fees on a number of products and widening the distribution of our BTL multi loan products, will deliver more choice and flexibility to the market for brokers.”
