TMA Club has launched two exclusive products with Principality Building Society, both available up to 95% LTV.
Available immediately to DAs belonging to the Club, the products have a maximum loan value of £350,000, a free valuation and no arrangement fees.
The first is available for purchase with interest rates of 3.05%, fixed until 31st March 2021 and the other is available for purchase with interest rates of 3.45%, fixed until 31st March 2024.
Rob McCoy, senior product and business manager at TMA, said: “At TMA, we look for lenders who take a common-sense approach to lending and Principality does just that, providing a dedicated underwriter for each case who is on hand around the clock.
“First-time buyers are a segment of customers who can really take advantage of the buyers’ market that the property sector is currently experiencing, so providing our brokers with quality products is paramount.
“This latest exclusive deal is just one of many we hope to offer our advisers this year as we continue to be the club of choice for intermediaries, further enhancing our range of lenders, products and propositions.”
Emma Graham, key account manager at Principality Building Society, added: “We are delighted to offer TMA members in the England access to these exclusive products.
“We have had overwhelming positive feedback from the Club’s advisers in Wales and we are confident that we will see similar successes as TMA aids in developing our product range and managing distribution further.”
The products have previously been available to TMA members in Wales and this latest deal will see them now available to the Club’s advisers in England too.