The Mortgage Lender (TML) has lowered buy-to-let (BTL) rates across its range and reintroduced its fee-saver deals.
The firm is cutting BTL rates for five-year fixed rate offerings at 75% loan to value (LTV) and portfolio multi-loan deals.
The lender’s five-year fixed rate at 75% LTV with a 5% fee will fall from 5.06% to 4.96%.
Its portfolio multi-loan five-year fixed rate at 75% LTV with a 2% fee will decrease from 5.72% to 5.62%.
The lender’s house in multiple occupation (HMO) and multi-unit block (MUB) deals will also reduce. For instance, its five-year fixed rate with 2% fee will go down from 5.91% to 5.81%.
The BTL fee-saver rates for purchase and remortgage start from 6.06%. It has one free standard valuation and £250 cashback.
Steve Griffiths (pictured), chief commercial officer at TML, said: “We’re pleased to be able to offer our brokers and their clients a further rate reduction. Affordability across the market has been improving for landlords with rates reducing and rents increasing, and we’re thrilled to be able to support professional landlords secure affordable rates that will enable them to both remortgage and make new purchases.
“At TML, we are committed to supporting our brokers and their clients, providing the best possible rates so they can get closer to their property goals.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
