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TML removes DSS tenant restrictions

The Mortgage Lender has removed its DSS tenant restrictions.

According to the firm, it will now consider DSS tenancies across its buy-to-let product range.

Earlier this year, Zoopla removed all adverts that refused borrowers who are in receipt of housing benefits, and Metro Bank agreed to lift mortgage restrictions preventing landlords from renting their properties to tenants receiving housing benefits after pressure from the government.

Mortgages for Business managing director Steve Olejnik says: “As regular followers of MFB news will be aware we have been championing the removal of any lender DSS tenant restriction, alongside Helena McAleer and Shelter, since the news broke of the case between McAleer and NatWest towards the end of 2018.

“Since then, the majority of lenders have reversed their policy and it is encouraging to see TML follow suit.

“We will continue to put pressure onto the last remaining lenders until there are no lenders who discriminate against tenants based on their state-based income.”


TML hires new onsite underwriter

The Mortgage Lender has hired Warner Pidgeon as its new onsite underwriter. Pidgeon has over 17 years’ experience in the financial industry. He has held roles at Mole Finance, Fleet Mortgages, Woolwich Building Society and Lloyds Banking Group. In his new position, Pidgeon will join the team at Complete FS located at Hamble-le-Rice in Southampton. […]

TML hires new regional underwriter

The Mortgage Lender has hired Katie Haley as its latest regional underwriter. Haley joins from the Co-operative Bank where she spent the last 11 years. She started at the bank as an underwriter and then became a mortgage adviser. In her new position Haley will be based at TFC Homeloans Manchester. The Mortgage Lender head […]

TML hires Steve Griffiths as sales director

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TMA adds Impact Specialist Finance to panel

TMA has added Impact Specialist Finance to its packager panel. This partnership will enable members of TMA to access the lender’s range of specialist products such as bridging, buy-to-let, commercial, credit impaired, mortgages abroad and later life lending. According to the firm, TMA works directly with authorised intermediaries to offer its range of products. TMA […]


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