TML lift DSS tenant restrictions

08/08/2019

TML lift DSS tenant restrictions

Earlier today, The Mortgage Lender (TML) announced that they are changing their criteria on DSS tenants, they will now consider DSS tenancies across their entire buy to let product range. The news was released along with the launch of their newly enhanced ex-pat proposition.

“As regular followers of MFB news will be aware we have been championing the removal of any lender DSS tenant restriction, alongside Helena McAleer and Shelter, since the news broke of the case between Helena and NatWest towards the end of 2018.

Since then, the majority of lenders have reversed their policy and it’s encouraging to see TML follow suit. We will continue to put pressure onto the last remaining lenders until there are no lenders who discriminate against tenants based on their state-based income.” Steve Olejnik

See the full press release from TML here:  https://themortgagelender.com/the-mortgage-lender-joins-master-private-finance-panel/

 

Author

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Get in contact with us: 0345 345 6788 or ...

Submit an enquiry
Arrange a call back