Quantum Mortgages has launched QML Pro, a more specialist range designed to accommodate properties and situations that fall outside the standard Quantum Mortgages’ criteria.
QML Pro is aimed at applicants with specialised property types and specific market experience, aiming to serve investors and homeowners who may not meet traditional lending requirements.
It welcomes various property types, including but not limited to HMOs and multi-unit properties greater than 12 rooms/units, properties with unique construction types, properties valued below £70,000, freehold flats, maisonettes, coach houses, and properties with specific usage class restrictions. A specialist valuer can assess properties that fall into non-standard categories.
It also caters for different tenancy types, including standard ASTs, holiday lets, corporate lets, DWP housing association tenancies, and tenancies with trading companies as acceptable corporate structures. There is no minimum or maximum tenancy term.
With a maximum loan limit of £1 million, QML Pro caters to a diverse range of property investments. Borrowers across England, Wales, and Northern Ireland can apply for QML Pro.
Jason Neale, managing director of Quantum Mortgages, said: “At Quantum Mortgages, we are committed to enabling homeownership opportunities for all, even those with unique property circumstances. QML Pro embodies our dedication to offering flexible solutions that cater to the diverse needs of our customers.”
