TBMC products include deals with no higher lending charges and flexible criteria
The products, available in conjunction with Rooftop (ICMG), are aimed at clients with impaired credit histories and other adverse conditions. The criteria include ignoring defaults, no paper proof of employment status for self-cert applications, no rental cover on 80% LTV schemes and a flexible approach to CCJs and bankruptcy.
John Olney, head of buy to let lending at TBMC, says, ‘We have been looking forward to offering sub prime mortgages to brokers, thus enabling a wider range of clients to make BTL purchases. This addition to the TBMC product range will offer a greater choice and more business opportunities to our
introducers.’
