Specialist intermediary-only lender, The Mortgage Lender, will be accepting broker registrations, decision in principle requests and processing applications on its website from Monday 11 July.
The Mortgage Lender’s products cater for specialist requirements including standard status borrowers, the self-employed, lending into retirement and customers who don’t fit the High Street criteria but still represent good borrowers.
The products are available up to 85 per cent loan to value with a two-year tracker that starts at 2.18 per cent, or as a two or five-year fix with rates as low as 2.41 per cent. The products can be accessed through the following networks, mortgage clubs and specialist distributors:
Sesame and TenetLime.
Paradigm, Residential Home Loans (RHL), SimplyBiz Mortgages, The Mortgage Alliance (TMA), The 1010 Group and 3mc.
All Types of Mortgages (AToM), Brightstar, Complete FS, Mortgage Force, Residential Home Loans (RHL), Solent Mortgage Services, The Mortgage Trading Company, TFC Homeloans, The 1010 Group and 3mc.
By signing up on the website introducers will be able to request decisions in principle and submit applications as well as keep track of their cases, upload supporting documentation and download additional information requests.
Applications to register will be accepted from directly authorised brokers and appointed representatives of confirmed networks.
The Mortgage Lender chief executive Trevor Pothecary said: “I’m delighted we’ll be accepting applications from Monday and look forward to confirming our first mortgage offer and completing the first case.
“It’s taken a lot of hard work and dedication from the management team for us to launch a new lender from scratch. I want to thank everyone who has been involved at The Mortgage Lender and the introducers who have welcomed us to the market and supported us so far.”