The Right Mortgage & Protection Network (TRM) has today (15th May) announced specialist property finance lender, TAB, has joined its lender panel, further enhancing the range of funding solutions available to its member firms.
As of today, TRM advisers will now have access to TAB’s mortgage and bridging finance solutions, with mortgage rates starting from 3.5% per annum and Bank of England Base Rate.
TAB’s bridging finance product rates start from 0.68% per month, with loans offered between £100k and £5m, and LTVs available over 70% for residential, and up to 70% for commercial.
Acceptable borrowers include individuals, limited companies and LLPs, with properties considered in England, Wales and mainland Scotland.
In addition, TAB offers UK-wide coverage via its team of Business Development Managers, who work closely with advisers to structure cases and support them through to completion.
TAB, established in 2018, has lent over £800 million to date and is backed by CarVal and a network of more than 500 active investors.
Victoria Clark, Head of Lending at The Right Mortgage & Protection Network, commented:
“We are very pleased to welcome TAB as our newest specialist lender to our panel. In today’s market, speed, certainty and direct access to decision-makers are increasingly important for advisers and their clients, and more of our AR firms require flexible property solutions for both mortgages and bridging finance borrowers.”
Duncan Kreeger, CEO AT TAB said:
"We’re excited to launch into The Right Mortgage Network and bring a sharper, faster approach to specialist finance. At TAB, we stand for relationships, reliability, and mortgages at bridging speed, giving brokers the confidence to move quickly and deliver for their clients.”
