The Mortgage Lender unveils BTL product relaunch

The Mortgage Lender unveils BTL product relaunch

0:04 AM, 8th June 2023, About 6 months ago 1

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The Mortgage Lender has revamped its residential and Buy-to-Let (BTL) product offerings.

There’s a diverse array of fee choices within the core BTL products, featuring 75% LTV 5-year fixed rates commencing at 5.49% and 2-year fixed rates kicking off at 5.94%.

Other options are available to HMO, expats and Holiday and short-term lets.

For its residential products, the specialist lender includes cashback and fee saver alternatives, along with 2- and 5-year core products that start from 6.19% – with a £995 completion fee.

Both the BTL and residential ranges have been repriced to reflect the current mortgage market.

‘Timely full release of our re-priced range’

The lender’s chief commercial officer, Steve Griffiths, said: “In challenging market conditions, we are pleased to be able to ensure minimal disruption to intermediaries and their customers by allowing a realistic submission window for our withdrawn products, followed by a timely full release of our re-priced range.

“We remain committed to providing our broker partners access to competitive mortgage deals and the ability to offer their clients attractive and suitable products combined with outstanding service delivery.”

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northern landlord

17:19 PM, 8th June 2023, About 6 months ago

Re-priced, must mean prices are going down! Oh no,it just looks like they are trying to promote increased prices as a benefit. The only ones to benefit will be themselves.

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