TMA Club has added Chorley Building Society to its lender panel.
TMA’s members will now have access to a broad range of products, including a recently launched buy-to-let product exclusive to intermediaries. TMA Club members will benefit from a direct relationship with underwriters.
Brokers will have a new option to refer clients who might traditionally struggle to gain access to the mortgage they need. These include those approaching retirement, freelancers or the self-employed, as well as those who have recently experienced a life event, which they have recovered from, but has impacted their credit profile.
Its most recent buy-to-let product is only accessible via intermediaries and has a discount variable rate of 3.49% for the first three years. Available to borrowers with three or less buy-to-let properties, the loan offers up to 80% LTV with the minimum loan size of £80,000 and the maximum is £1m (subject to LTV).
Rob McCoy, senior business and product manager at TMA, said: “We are forever committed to providing our brokers with the strongest panel available to help them meet their clients’ needs. We’re therefore delighted to have Chorley Building Society join the panel; with the lender’s personal and realistic approach to lending and commitment to the intermediary market, we’re sure our members will enjoy working with them.”
Julie Goodwin, head of business development at the Chorley Building Society, added: “Following the successful launch of our buy-to-let product exclusive to intermediaries, we are excited to be joining the TMA Club panel and expanding our reach. Chorley Building Society is dedicated to supporting the Intermediary market and we look forward to working closely with TMA’s brokers and their clients.”