menu close
Service Times arr-up
Service Times Close arr-up arr-down

Our service and turnaround times

Figures accurate as of 20th September 2021
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

29 seconds

The Word On The Street
Thursday 9th of September 2021

TML adds HMOs to its Limited Edition BTL products and cuts rates

The Mortgage Lender has cut the cost of its five-year Limited Edition buy to let products and extended the range by adding houses of multiple occupation (HMO) and Multi-Unit Blocks (MUB) to its Limited Edition proposition.

The five-year Limited Edition fixed rate at 75 per cent loan to value for individual and Limited Company applicants is down from 3.31 per cent to 3.2 per cent and the new five-year fixed HMO/MUM product has an initial rate of 3.58 per cent at 75 per cent loan to value.

Limited Edition products are available to the whole of market for purchase and remortgage. They also offer a reduced completion fee of 1 per cent, standard valuation fees and a £150 application fee.

Earlier in the summer it added a raft of new 80 per cent loan to value products to its core BTL range and reduced its minimum loan value to £25,001.

The Mortgage Lender sales and product director Steve Griffiths said: “Our Limited Edition buy to let products are designed to make it easier for brokers and landlords to refinance and add to their portfolios.

“Adding HMO and MUB properties to the mix gives landlords looking to purchase or remortgage those buildings access to competitive five-year rates and reduced completion fees, bringing down the overall cost of refinancing or purchasing while allowing them to leverage by borrowing up to 75 per cent loan to value.”

Written by Cara Donnellyof The Mortgage Lender

Fancy another?

There’s plenty more where that came from. These ones are on us.

Wednesday 15th September 2021

TML tops residential charts and offers self-employed a mortgage lifeline

The Mortgage Lender has unveiled market-leading two and five-year residential fixed rates…
Read more triangle-right

Thursday 9th September 2021

TML adds HMOs to its Limited Edition BTL products and cuts rates

The Mortgage Lender has cut the cost of its five-year Limited Edition…
Read more triangle-right

Tuesday 7th September 2021

Majority of self-employed received no Government support

The majority of self-employed people in the UK have received no Government…
Read more triangle-right

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