TMA Club has added intermediary-only specialist buy-to-let (BTL) lender, Quantum Mortgages, to its lender panel.
The mortgage club’s directly authorised (DA) brokers can now access Quantum Mortgages’ range of BTL products, which includes multi-unit blocks and holiday lets.
Quantum Mortgages uses underwriters to make all its lending decisions, rather than relying on credit scoring tools, to allow for a personalised outcome to suit a borrower’s exact financial needs.
Leasehold properties must have an unexpired term of at least 35 years to qualify for Quantum Mortgages’ range, the lender added.
Development director at TMA Club, Lisa Martin, commented: “As BTL investors face a variety of challenges, including changes in taxation and regulation, a human approach to lending and advice will go a long way to providing peace of mind to new and existing landlords.
“We’re pleased to be partnering with Quantum Mortgages, whose unique approach and broad product range will enhance TMA member brokers’ abilities to support owners in this specialist sector.”
Director of distribution and marketing at Quantum Mortgages, Spencer Gale, added: “With such close links to its lenders and a strong membership, TMA understands the importance of a personal touch when it comes to the advice industry, which is increasingly important given the macroeconomic challenges facing the mortgage market.
“We’re pleased to be working with TMA and are confident that our partnership will bring benefits to both brokers and borrowers alike.”
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