"With the increasing popularity of shorter-term fixed products, we're pleased to be able to further support this demand with these new products. "
- Steve Griffiths, chief commercial officer at TML
The Mortgage Lender (TML) has introduced a number of new fixed rate products in its buy-to-let range.
This expansion includes two new two-year fixed rate 75% LTV products in the standard range, with 3.00% and 5.00% completion fees. These will have rates of 3.94% and 4.94% respectively.
The multi-loan product range will also see a new addition, with a five-year fixed 75% LTV product at 4.93%, which will be available via selected distributors and specialist buy-to-let brokers.
Steve Griffiths, chief commercial officer at The Mortgage Lender, commented: “We are constantly looking for ways to improve our offering, and so are thrilled to announce the addition of three new products to provide more options and help prospective and existing landlords expand their portfolios.
“With the increasing popularity of shorter-term fixed products, we're pleased to be able to further support this demand with these new products. We will continue to listen to brokers and their landlord customers and monitor the market to provide the best possible products to help accomplish any property goals, whether big or small.”
