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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
Friday 23rd of July 2021

TML enhances BTL range with 80 per cent LTVs and reduced minimum loan value

The Mortgage Lender has added a raft of new 80 per cent loan to value products and reduced its minimum loan value to £25,001 across most of its buy to let range.

Fifteen new 80 per cent LTV products with different rate and fee combinations have been added to the buy to let range, with a two-year fixed rate starting from 4.35 per cent with a 1.5 per cent fee and a five-year fixed rate from 4.44 per cent with a 2 per cent fee.

The products are available to the whole of market for individual, Limited Company and LLP applicants for purchase and remortgage.

The Mortgage Lender sales and product director Steve Griffiths said: “This is one of a number of enhancements we’ve made to our buy to let range in recent weeks as we evolve to meet market demand and demonstrate our commitment to real life lending.

“We’ve made these changes with portfolio landlords very much in mind as smaller deposits enable them to grow more quickly by allowing them to distribute their funds across more properties.”

Earlier in the month The Mortgage Lender unveiled a £250m tranche of two and five-year fixed rate buy to let Limited Edition products with rate reductions of 0.15 per cent.

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…
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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…
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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…
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