The Mortgage Lender launches BTL products and cuts fixed rates
The new options include 2-year fixed rates starting from 3.79%.
The Mortgage Lender (TML), part of Shawbrook, has launched limited-edition buy-to-let (BTL) products and cut rates by up to 0.15% across its fixed-rate range.
The new options include 2-year fixed rates starting from 3.79%, available with both 5% completion fee and fixed fee choices.
Rate reductions apply to 2-year and 5-year fixed-rate products, including those for houses in multiple occupation (HMOs) and multi-loan customers.
Louise Apollonio, sales and distribution director for retail mortgages at Shawbrook, said: “These changes are designed to give brokers more options when placing buy-to-let business, with competitive pricing and greater flexibility across our range.
“The launch of new Limited-Edition products, alongside rate reductions across our fixed-rate proposition, reinforces our commitment to supporting landlords at every stage of their investment journey.
“We understand the ambitions landlords have for their portfolios and continue to evolve our proposition to help brokers deliver the right outcomes for their clients.”
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