"Many lenders insist on the applicant having owned their property for at least six months, but for some buyers, they need remortgaging facilities a lot earlier."
The range includes a two-year discounted residential remortgage product at 3.29%, with a maximum loan of £500,000 up to 90% LTV and £1 million up to 80% LTV.
Its Day One buy-to-let remortgage two-year discount product is also available at 3.29% up to 75% LTV on a maximum loan amount of £500,000.
Rob McCoy, senior product and business manager at TMA, said: “Many lenders insist on the applicant having owned their property for at least six months, but for some buyers, they need remortgaging facilities a lot earlier. It is fantastic that we are able to cater for borrowers who need access to more flexible remortgaging solutions.
“TMA is consistently reviewing the market to ensure that we remain at the forefront of innovation and are meeting the needs of all corners of the market.”
Tim Vigeon, head of lending at Buckinghamshire Building Society, commented: “It is important to recognise that no two mortgage applications are the same and that for some, a Day One remortgage is needed. By extending our relationship with TMA and offering these exclusive deals, we are confident that we can meet the needs of more intermediaries and their clients.”
