The Mortgage Lender (TML) has cut rates across its five-year fixed buy-to-let (BTL) deals.
This applies to TML’s BTL options at 75% loan to value (LTV) within its core and portfolio multi-loan offering.
Rates have been lowered by 0.2%, including the five-year fix within its core range with a 5% fee, which has been reduced from 5.26% to 5.06%. The portfolio multi-loan option with a 2% fee has been cut from 5.92% to 5.72%.
Additionally, its product with a £2,495 fee has been reduced from 6.06% to 5.86%.
Steve Griffiths, chief commercial officer at TML, said: “We’re pleased to announce rate reductions across a number of our buy-to-let products. We continue to remain committed to our broker partners and our customers in offering attractive rates to borrowers, whether purchasing or remortgaging.
“We continually evaluate our rates to support new and existing landlords, and to help brokers and their clients in achieving their property ambitions.”
In February, TML added large loan and interest-only options to its residential range.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
