TML reduces rates across its buy-to-let range by up to 0.20%

The lender's BTL Core Range and Portfolio Multi-Loan have seen their rates reduce by 0.20% as of today.

Related topics:  Finance,  Rates,  Buy-to-let
Property | Reporter
26th July 2024
To Let 850
"We continue to remain committed to our broker partners and our customers in offering attractive rates to borrowers, whether purchasing or remortgaging"
- Steve Griffiths - TML

The Mortgage Lender has announced they will be lowering their buy-to-let rates across its 5-year fixed 75% LTV products.

In TML’s 5-Year Fixed core range, its 75% LTV product with a 5% fee will reduce from 5.26% to 5.06%, while Portfolio Multi Loan has seen its rate reduce from 5.92% to 5.72% for the 5-Year Fixed 75% LTV product with 2% fee.

Further reductions can be seen with its 75% LTV product with a £2,495 fee being reduced from 6.06% to 5.86%.

Steve Griffiths, Chief Commercial Officer at The Mortgage Lender comments: “We’re pleased to announce rate reductions across a number of our BTL 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.”

Before you read on, we'd like to get an idea of who is reading Property Reporter - so we can tailor the news and topics we cover to you. Are you a:

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.