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Our service and turnaround times

Figures accurate as of 19th November 2021
Dips Reviewed

Dips Reviewed

within 24 hours

Applications Reviewed

Applications Reviewed

within 72 hours

Documents Assessed

Documents Assessed

within 96 hours

Valuations Assessed

Valuations Assessed

within 72 hours

Telephone average wait time

Telephone average wait time

26 seconds

The Word On The Street
Monday 1st of November 2021

The Mortgage Lender reduces Buy-to-Let rates

The Mortgage Lender has announced rate cuts to key areas of its product range.

The specialist lender has re-priced its five-year fixed 75% LTV product, with rates now starting at 3.44% for standard properties with no completion fee and 3.55% with a 0.75% fee for HMOs. Both come with a free valuation and customers who are remortgaging can choose from an option to receive cashback or free standard legal services.

Rates have also been reduced for the lender’s five-year fixed fee product, with the 75% LTV product reduced to 3.24% with a completion fee of £2,495 and is available on loans from £25001 to £3m.

Steve Griffiths, Sales Director at The Mortgage Lender comments: “With the products we have announced today our borrowers, whether buying or remortgaging, have access to a competitive rate for five years alongside attractive incentives, allowing them to make decisions quickly, access capital for future investments and lock in rates now ahead of any potential movements on the Bank of England’s base rate.

“It is a competitive market, and the reprice reflects our continued desire to offer brokers innovative solutions for their cases.”

Written by Cara Donnellyof The Mortgage Lender

Fancy another?

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Monday 1st November 2021

The Mortgage Lender reduces Buy-to-Let rates

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