Meet Jasmine... She has found a property she’s interested in but can’t afford the mortgage on her sole income. So, Jasmine and her father, Michael, turned to us for help and realised joint borrowing on a mortgage could be the answer they were looking for. Read Jasmine's joint-borrowing story HERE to discover how we helped [...]

Following feedback from Brokers we’re pleased to announce that we’re making changes to our residential lending criteria to further support your Let to Buy clients. What’s changing? We are changing the way we assess residential purchase applications for your clients who intend to let their existing property; From today, the outstanding mortgage on the existing [...]

Limited liability partnerships can now access our limited company products. Criteria changes: Leasholder / freeholder connection: No first charge on the freehold, only a legal charge; Now accepting limited liability partnerships (LLPs); No longer require all shareholders to be party to the application; Minimum size: Reduced from 35sqm to 30sqm for studio flats in urban [...]

Please note – we are withdrawing the following product immediately as it’s been very popular! MFD425: 3.89% Fixed Rate for 2 Years 95% LTV Outstanding applications are to be fully packaged and with the Society by Tuesday 8th June 2021. If you could update your systems at your earliest convenience that would be appreciated.

We've reducing rates across selected products by up to 0.20% and making further changes to other products. For all the details on which products are being changed, you can visit our news story page or download our product guide for up to date rates across all products.

We wanted to let you know that we’ve withdrew the following mortgage: Exclusive 90% LTV 2 Year Fixed Rate at 3.18% will be withdrawn; If you’re applying for this mortgage on behalf of your customer, please send us the application as soon as possible. You can find our current rates in our Mortgage Update. If [...]

TML are continually looking at ways to enhance our proposition and also support landlords that are looking to grow their portfolio’s. As well as having a proposition for larger loans above £500,000 we also have a smaller loans option, great for those lower value properties with high rental yields. Smaller loans product: Min loan [...]

The complexities of cladding Cladding is a complex issue, which is often misunderstood within the mortgage industry. Our BDM Jonathan Evans wants to change that. After experiencing a growing number of enquiries, he educated himself on the latest cladding regulations and is now on a mission to support the rest of the intermediary community [...]

We've increased the maximum LTV for Remortgage applications with additional borrowing (excluding Unsecured Debt Consolidation) to 90% - If any element of the Remortgage is for debt consolidation, the maximum LTV remains at 80%. What you need to know: To support customers who are looking to release capital from their home (subject to current [...]

We’d like to let you know about some changes to our 95% LTV residential products. On 26 May, we withdrew two fixed rate products and re-launched them at market leading rates to increase affordability for your clients. The changes are as follows: 2 Year Fixed – previously 3.69%, now 3.39% 5 Year Fixed – [...]