The Mortgage Lender has launched a limited edition £100m 5-year fixed buy-to-let (BTL) product.
The Mortgage Lender has launched a limited edition £100m 5-year fixed buy-to-let (BTL) product.
The offering has a maximum loan-to-value of 75% and a rate set at 3.56%.
The tranche, for individual and limited company applicants, is available to the whole of market and also offers a reduced completion fee of 1%, down from 1.5%.
Steve Griffiths, sales director of The Mortgage Lender, said: “After the success of our limited edition buy to let 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 buy to let 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.”
