Fleet Mortgages has today added the Mortgage Intelligence networks and mortgage club to its distributor panel.
All appointed representatives and directly-authorised members of Mortgage Intelligence will be able to send business directly to Fleet.
Fleet’s products are available to individuals, limited companies and those looking to invest in houses in multiple occupation.
The lender has also announced new products, including:
· An individual two-year fixed, 70 per cent LTV, with a 1 per cent fee at 3.09 per cent
· A limited company two-year fixed, 65 per cent LTV, with a 1.5 per cent fee at 3.99 per cent
· A limited company lifetime tracker, 70 per cent LTV, with a 1.5 per cent fee at 4.5 per cent and rental calculation 125 per cent at 5 per cent.
· An HMO two-year fixed, 65 per cent LTV, with a 2 per cent fee at 4.09 per cent
Fleet Mortgages chief executive Bob Young says: “Developing our distributor panel has been a core focus for us throughout 2016 and we’re therefore very pleased to begin working directly with Mortgage Intelligence, its ARs and club members.
“These are undoubtedly changing times for buy-to-let however the demand for private rental property and finance to purchase it remains strong. We anticipate a much more professionally-focused landlord in the months and years to come, and this is where our business is strongly positioned – in areas like limited company purchases and HMOs where we can help advisers meet the needs of their clients.
“We would therefore urge all Mortgage Intelligence members to review our products and criteria, and contact our in-house sales team and BDMs to see how Fleet Mortgages can support them.”
Mortgage Intelligence managing director Sally Laker says: “It’s important that as the buy-to-let landscape continues to evolve, we are able to meet the needs of our advisers and their clients by providing a diverse and flexible panel of lenders.”