The Mortgage Lender unveils new 85 per cent LTV exclusive for Premier Panel

Posted Tuesday 24th of October 2017
Announcements

 

The Mortgage Lender (TML) has unveiled a new exclusive for its Premier Panel members.

The exclusive products start from 2.82 per cent across product tiers 1-6, on 2 and 5 year fixed rates.

The newly created rates for packaged business are available up to 85 per cent loan to value and offer an enhanced proc fee.

The twelve TML Premier Panel members are made up of distributors including 3mc, Brightstar, TFC Homeloans and Complete FS.

The Mortgage Lender Sales and Marketing Director Pete Thomson said:

“Our aim at TML is to respond to market needs and because of that we constantly ask our partners to challenge us to help them help their customers.

“The launch of these exclusive deals is one of those occasions when our Premier Panel members asked for something and we delivered.

“Not only that, but this is the first of many deals we’ll be rolling out in response to market demand.”

Highlights of the exclusive products for The Mortgage Lender’s Premier Panel members include:

  • 0.25% reduction compared to whole of market product range
  • 85% LTV
  • Product tiers 1-6
  • 2 year fixed and 5 year fixed rates
  • Packaged business only
  • Procuration fee 0.90%.

Director of 3mc and member of the Premier Panel, Doug Hall said:

“The exclusive deal created for the Premier Panel is a further sign that The Mortgage Lender goes that extra mile to support packagers and provide the tools they need.

“As packagers, our customers turn to us to source specialist criteria and rates, The Mortgage Lender continues to provide us with the products and rates we need to assist our customers.”

 

By Gillian McAllister , of The Mortgage Lender

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