In a significant development for the property finance sector, TAB has been added to the TMA Mortgage Club’s lending panel. This partnership allows TMA members to access TAB’s diverse range of specialist property finance products, which include residential, semi-commercial, and commercial mortgages, as well as bridging loans. With TAB’s offerings, brokers can now provide their clients with more options in the competitive market of property finance.
TL;DR: TMA Mortgage Club members can now access TAB’s specialist property finance products, including bridging loans from £100,000 to £5 million; this enhances choices for brokers and their clients in the property finance market.
What Types of Bridging Finance Does TAB Offer?
TAB’s bridging finance products cater to a range of needs for property investors. Loans are available from £100,000 up to £5 million, with terms extending up to 24 months. Interest rates start at a competitive 0.68% per month, making these options appealing for those seeking quick access to capital for property transactions.
How Does This Partnership Benefit TMA Mortgage Club Members?
The inclusion of TAB in the TMA Mortgage Club’s lending panel significantly broadens the financing options available to its broker members. This partnership is particularly beneficial for brokers who work with clients looking for specialist property finance solutions. With TAB’s experience in lending—having provided £759 million since its inception in 2018—brokers can feel more confident in the lender’s ability to deliver, regardless of market fluctuations.
What This Means for Property Investors and Landlords
For property investors and landlords, the addition of TAB’s products means enhanced access to financing options that can facilitate property acquisitions and developments. With loan-to-value ratios of up to 75% on residential properties and 70% on commercial assets, investors can use their equity more effectively. This flexibility is important for those looking to expand their portfolios or navigate the complexities of property investments.
Frequently Asked Questions
What are the key features of TAB’s bridging loans?
TAB offers bridging loans starting from £100,000 up to £5 million, with terms of up to 24 months and interest rates beginning at 0.68% per month. These loans are designed for property investors looking for quick financing solutions.
How does the TMA Mortgage Club support brokers?
The TMA Mortgage Club provides brokers with access to a variety of lenders and products, enhancing their ability to meet client needs in the property finance market. The addition of TAB expands these options, particularly in specialist property finance.