Service Times arr-up
Service Times Close arr-up arr-down

Our service and turnaround times

Figures accurate as of 17th October 2019
Dips Reviewed

Dips Reviewed

within 24 hours

Applications Reviewed

Applications Reviewed

within 48 hours

Documents Assessed

Documents Assessed

within 48 hours

Valuations Assessed

Valuations Assessed

within 48 hours

Telephone average wait time

Telephone average wait time

20 seconds

The Mortgage Lender enhances residential remortgage range

Posted Friday 4th of October 2019
THE WORD ON THE STREET

The Mortgage Lender has enhanced its residential remortgage products, introducing additional products with no up-front fees and either £500 cashback or free standard legals.

The new remortgage products are available to the whole of the market up to 85 per cent loan to value, with a minimum loan of £75,000.

Initial rates for the new products start at 3.05 per cent for a two-year fix at 70 per cent loan to value and 3.79 per cent for a five-year fix at 70 per cent loan to value. There are no application, valuation or telegraphic transfer fees.

Completion fees from £995 to £1495 are payable, but can be added to the loan.

The Mortgage Lender deputy chief executive Peter Beaumont said: “Remortgages are an increasingly important source of new business for our broker partners and it’s important we support our introducers by offering competitive rates and attractive products for those customers that do not meet mainstream criteria such as debt consolidation, self employment and impaired credit”

“Our new products deliver on that promise and provide borrowers with more choice.”

The Mortgage Lender is an intermediary-only mortgage lender. It provides real life lending choices for a wide range of borrowers including employed, self-employed, those with impaired credit, lending into retirement and buy to let investors.

This year it launched help to buy residential mortgages and its first buy to let remortgage product. It also completed its first UK mortgage-backed securitisation of residential assets for £238.5m.

By Sarah Learoyd , of The Mortgage Lender

Get in touch

There’s always someone here for you, all you have to do is holler and we’ll come running.

Contact Us triangle-right

Already applied or have a mortgage with us?

If you want to be our friend or are already one of the family then just click the right button and you’re off.

Visit our customer site triangle-right
up