The Mortgage Lender will accept broker applications from Monday.
The specialist intermediary-only lender will accept broker registrations, decision in principle requests and processing applications on its website.
The Mortgage Lender will cater for standard borrowers, the self-employed, lending into retirement and credit impaired.
Trevor Pothecary, chief executive of The Mortgage Lender, said: “I’m delighted we’ll be accepting applications from Monday and look forward to confirming our first mortgage offer and completing the first case.
“It’s taken a lot of hard work and dedication from the management team for us to launch a new lender from scratch. I want to thank everyone who has been involved at The Mortgage Lender and the introducers who have welcomed us to the market and supported us so far.”
The Mortgage Lender’s products will be available to 85% loan-to-value with 2-year trackers starting at 2.18% and 2 or 5-year fixes starting at 2.41%.
The products can be accessed through Sesame and the TenetLime networks, the mortgage clubs Paradigm, Residential Home Loans (RHL), SimplyBiz, TMA, The 1010 Group and 3mc and specialist distributors All Types of Mortgages (AToM), Brightstar, Complete FS, Mortgage Force, Residential Home Loans (RHL), Solent Mortgage Services, The Mortgage Trading Company, TFC Homeloans, The 1010 Group and 3mc.
Applications to register on The Mortgage Lender’s website will be accepted from directly authorised brokers and appointed representatives of confirmed networks.