TML launches £100m limited edition BTL tranche

The Mortgage Lender (TML) has announced the launch of a limited edition £100m five-year fixed buy-to-let (BTL) product.

Reduced rates will be starting at 3.56% for a mortgage at 75% LTV.

The tranche, for individual and limited company applicants, is available to the whole of market and also offers a reduced completion fee of 1%, which the lender has reduced from 1.5%.

TML sales director, Steve Griffiths, commented: “After the success of our limited edition BTL tranche at the end of last year it’s clear brokers are looking for products that stand out from the crowd to meet the needs of their landlord clients.

“Developed alongside our broker partners the latest BTL tranche has reduced fees and rates among the most competitive in the market. It is also backed by our reputation for underwriting the more complex cases in the specialist lending sector.”

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