The Loans Engine (TLE) has announced that it has added nine new buy-to-let (BTL) lenders to its panel.
MT Finance, Paragon, Fleet Mortgages, Keystone Property Finance, Kent Reliance, Precise, Aldermore, Kensington and Bluestone have all been added to TLE’s panel.
The move will mean those at TLE will get full access to a new range of BTL products for its thousands of intermediaries and their clients.
TLE has also indicated it has “big plans” for 2023 and that more enhancements from the firm can be expected as the year progresses.
“In recent months we’ve seen increased demand for HMOs and other higher yield properties, and we anticipate this trend will continue over the next few months,” commented head of unregulated mortgage broking at TLE, Steve Nobbs.
“Additionally, as house prices start to decline we expect to see greater demand for more traditional BTL properties. Expanding our lender panel is therefore an important move that will help us to support this demand and ensure we continue to deliver positive client outcomes across a range of property types and constructions.”
“Each lender brings a unique offering to our panel, so we believe they will make a material difference to future client outcomes. We’re extremely excited to work with these lenders and see how these new partnerships will enhance our offering to intermediaries and their clients”.
“It is an exciting new development for the team and shows a big vote of confidence in the BTL market.”
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