The Mortgage Lender extends its BTL offering

House-For-Rent-Home-700.jpgThe Mortgage Lender has made its buy-to-let products available to the whole broker market, following a pilot with eleven partner firms.

The specialist lender entered the buy-to-let market in May. Its mortgages are available to individuals and those borrowing through a limited company structure.

It will lend on HMO properties, multi-unit freeholds, ex-council properties, new builds and flats above commercial properties. As with its residential range, telephone and utility defaults and arrears are not considered as ‘impaired credit’.

The products will appear on Mortgage Brain, Trigold, 27 Tech, APAC Systems, Moneyfacts and Defaqto.

The Mortgage Lender deputy chief executive Peter Beaumont says: “Brokers like the fact we will lend in Scotland, don’t have a minimum earned income and we’ll lend up to £2m.”



The Mortgage Lender signs Intrinsic to distribution panel

The Mortgage Lender has signed network Intrinsic to its distribution panel. The Intrinsic network was established in 2006 and has more than 3,300 advisers. Intrinsic commercial director Adam Smith says: “It is an exciting opportunity for the network and our advisers and we are pleased to be providing Intrinsic intermediaries with direct access to their […]


The Mortgage Lender eyes buy-to-let expansion

The Mortgage Lender is set to expand beyond owner-occupier loans and into buy-to-let in Q3 this year. The firm is headed by former Mortgages PLC chief executive Trevor Pothecary and launched last year into the residential mortgage market. But TML sales and marketing director Pete Thomson tells Mortgage Strategy that the firm is nearly ready […]


The Mortgage Lender signs Thistle Finance

The Mortgage Lender has added Edinburgh-based master broker Thistle Finance to its distribution network. Thistle Finance specialises in packaging complex residential mortgages, second charge loans, bridging, commercial and development finance. The Mortgage Lender sales and marketing director Pete Thomson says: “It’s great to announce that our distribution network is growing and welcome Thistle Finance on-board.”  […]

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