TMA Club and PRIMIS Mortgage Network have announced the launch of an exclusive two-year fixed rate mortgage product with Leeds Building Society.
The new product will be available immediately to TMA and PRIMIS advisers, and as part of the deal, advisers will have access to a market rate of 1.54% – fixed for two years until 30 June 2022.
TMA added that after the initial fixed period, borrowers will benefit from an SVR of 1.25% until 30 June 2025, discounted from 4.44%.
“We look for lenders who take a forward-thinking approach to lending and Leeds Building Society does just that,” TMA development director, Lisa Martin, said. “This exclusive deal means we can reward a growing number of intermediaries with a market-leading lending solution to enhance their proposition and grow their client portfolios.
“This product is testament to TMA’s continued commitment to providing our advisers with products that are the best of their kind – and I’m sure this new addition will be met with great interest by our advisers.”
The product, which will come with up to 80% LTV and a maximum loan value of £750,000, will be available for both purchase and remortgage applications, and advisers’ customers will also benefit from a fee-free valuation.
“Our top priority is supporting and investing in our brokers to champion the services they provide to their customers,” commented PRIMIS proposition director, Vikki Jefferies.
“By offering an exclusive product through Leeds Building Society, we are able to give our advisers access to more top-quality lending solutions to cater for their diverse client bases. This latest deal is just one of many we hope to offer our advisers this year as we continue to grow and enhance our proposition.”
The launch of the latest deal comes as both TMA and PRIMIS, part of the LSL Group, continue their commitment to supporting advisers with competitive propositions.
Leeds Building Society head of intermediary distribution, Martese Carton, added: “We are delighted to be working with TMA and PRIMIS to provide their advisers with access to this exclusive product.
“We are always looking for ways to drive the market forward with innovative products to give brokers and their clients more affordable lending solutions. We look forward to working directly with the TMA and PRIMIS to support more advisers and their customers with their lending searches.”
Latest News
-
House price growth slows to 3% – ONS
-
Inflation remains unchanged at 3.8% in September
-
£8.8bn worth of BTL loans advanced in Q2
-
Quilter reports third successive quarter of £2bn+ inflows
-
IHT receipts total £4.39bn in six months to September
-
Younger advisers more likely to work with new clients, study finds
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories