The Mortgage Lender unveils buy-to-let range

Ryan Bembridge

June 6, 2018

The Mortgage Lender has widened its buy-to-let range to the whole of market.

The range caters for individuals, limited companies and HMOs with 2 and 5-year fixes as well as a 2-year tracker.

The lender said it doesn’t consider communication and utility defaults like a telephone bill as impaired credit, while it will consider flats above commercial properties.

Peter Beaumont, deputy chief executive, The Mortgage Lender, said: “Our buy-to-let products have been flying since we launched with our exclusive partners in May so it’s time to open it up to the rest of the market.

“Brokers like the fact we lend in Scotland, don’t have a minimum earned income and we’ll lend up to £2m. Our arrangement fees are also pretty competitive.”

The products will appear on Mortgage Brain, Trigold, 27 Tech, APAC Systems, Moneyfacts and Defaqto.

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