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news | 7 hours ago | Jon Yarker

TML launches limited edition BTL products, cuts rates

The Mortgage Lender (TML) has launched a range of new limited edition BTL products while reducing rates by up to 15bps.


The new products include two-year fixed rates starting from 3.79% and are available with both 5% completion fee and fixed completion fee options.

Elsewhere, TML (which is part of Shawbrook) has reduced rates across its two-year and five-year fixed rate BTL products, including products for HMOs and multi-loan customers.

"These changes are designed to give brokers more options when placing BTL business, with competitive pricing and greater flexibility across our range,” said Louise Appollonio, sales and distribution director for retail mortgages at Shawbrook.

“The launch of new limited-edition products, alongside rate reductions across our fixed rate proposition, reinforces our commitment to supporting landlords at every stage of their investment journey.

“We understand the ambitions landlords have for their portfolios and continue to evolve our proposition to help brokers deliver the right outcomes for their clients."

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