TMA launched a buy-to-let insurance provision at the Financial Services Expo yesterday.
This follows on from the launch of its buy-to-let hub ahead of the Prudential Regulation Authority (PRA) changes coming into force on 30 September 2017.
This new provision will give TMA advisers access to a number of buy-to-let insurance products. The tool will allow advisers to provide borrowers with cover in ten minutes.
Currently on the panel are First2Protect and Paymentshield; advisers will be able to access products via TMA’s GI portal.
Lisa Martin, group development director at TMA, said: “At TMA, supporting our Directly Authorised intermediaries is at the heart of what we do. Following feedback from our current buy-to-let Hub users, we have implemented a game-changing buy-to-let Insurance tool providing our brokers with everything they need to deliver competitive insurance quotes.
“With the PRA changes fast approaching we will continue to support out Directly Authorised intermediaries as we navigate these exciting but unknown territories.”