The product has been designed for borrowers who fit non-standard credit criteria as well as the self-employed.
TMA Club has launched a 2-year discount at 3.59% to 70% loan-to-value exclusively with Buckinghamshire Building Society.
The product has been designed for borrowers who fit non-standard credit criteria as well as the self-employed, and will be available exclusively to TMA Club intermediaries for the next six weeks before a full market-wide launch in December.
Rob McCoy, senior product and business manager at TMA, said: “The UK’s employment landscape is undoubtedly shifting and at TMA we endeavour to provide solutions for intermediaries to remain at the forefront of this.
“We will achieve this through delivering mortgage solutions that meets customer demand, all at competitive rates, to remain the mortgage club of choice for intermediaries.”
Tim Vigeon, head of lending at Buckinghamshire Building Society, said: “The self-employed market is continuing to grow exponentially, and we’ve chosen TMA to reach out to this sector.
“We are confident that working with TMA will aid greatly in developing our product range and managing distribution so that more intermediaries can take advantage of this exclusive deal before we roll out to the wider market.”
