TML refreshes resi remortgage range

Michael Lloyd

October 4, 2019

The Mortgage Lender has refreshed its residential remortgage range.

The products are available to the whole of the market up to 85% loan-to-value (LTV), with a minimum loan of £75,000.

Initial rates for the new products start at 3.05% for a 2-year fix at 70% LTV and 3.79% for a 5-year fix at 70% LTV.

There are no application, valuation or telegraphic transfer fees.

Completion fees from £995 to £1495 are payable but can be added to the loan.

Peter Beaumont (pictured), deputy chief executive at The Mortgage Lender, said: “Remortgages are an increasingly important source of new business for our broker partners and it’s important we support our introducers by offering competitive rates and attractive products for those customers that do not meet mainstream criteria such as debt consolidation, self-employment and impaired credit.

“Our new products deliver on that promise and provide borrowers with more choice.”

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