What do TML do? Well, the clue’s in the name – they love to lend. They describe what they do as ‘lifestyle lending’. Nowadays, it’s perfectly normal to be freelance or self-employed, divorced or single. It’s the new normal. Providing mortgages to people with less than usual lifestyles is what they do.
Their products and criteria are particularly focused on:
- Standard status borrowers
- Self-employed
- Lending into retirement
- Impaired credit
BTL Range Highlights:
- Up to 80% LTV available
- New Build & Flats above Commercial Premises up to 75% LTV
- Rates starting from just 3.09%
- 5 year fixed rates starting from just 3.55%
- Available to Individuals & Ltd Companies/LLPS
- Available on Single Lets, HMOs and Multi-Unit Blocks
- 2 year tracker, 2 year fixed and 5 year fixed rates available
- ICRs from 125% (HMOs/Multi-Units from 140%)
- Minor adverse accepted
**New Residential Cashback Range Through AToM**
- Up to 85% LTV available
- Rates starting from just 3.39%
- 2 and 5 year fixed rates available
- £750 cashback on all purchases and remortgages
- Refunded valuation fee, No App Fee and No TT Fee
- Adverse accepted as per standard residential range
Residential Range Highlights:
- Up to 85% LTV available
- Rates starting from just 2.89%
- 2 year tracker, 2 year fixed and 5 year fixed rates available
- Available to First Time Buyers
- Up to 2 CCJs registered in 24 months (0 in 3 months)
- Up to 3 unsecured defaults registered in 24 months (0 in 6 months)
- Up to max status 3 secured arrears in 24 months (2 in 12 months)
- Up to max status 6 unsecured arrears in 24 months
- Bankruptcies and IVA discharged over 36 months ago
TML's Key Lending Highlights
Employed
Standard status borrowers who do not meet the requirements of high street lenders.
Self-mployed
Up to 85% LTV if over 24 months trading time (80% LTV maximum of 12-24 months trading).
Contractors
Contract workers considered if 6 months of continuous service completed and 6 months of contract to run (not necessarily with same employer).
Lending into retirement
Willl lend up to age 80 (at the end of the term) as long as the applicant's retirement income supports the lending requested.
Impaired credit
Products cater for applicants who have an imperfect credit history, including County Court Judgements, arrears on secured or unsecured lending or defaults.
To discuss The Mortgage Lender call our sales team on 01403 272625 (option 2) or email us at sales.team@atomltd.co.uk.
Submit a DIP
Lender Documents
The Mortgage Lender Product Guide
The Mortgage Lender Cashback Product Guide
The Mortgage Lender BTL Product Guide
Useful Links
Contact Details
24 Carfax
Horsham,
West Sussex
RH12 1EB
