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New buy-to-let lender open for business
New buy-to-let and specialist lender,
Fleet Mortgages, has opened its
doors for new lending and is now
actively accepting business through
its distributor partners and their
affiliated members and advisors.
The Hampshire-based lender is led
by Chief Executive Officer (CEO), Bob
Young, formerly Managing Director of
buy-to-let lender, CHL Mortgages.
The lender’s products are currently
available through seven distributors: The
Business Mortgage Company; The Buy to
Let Business; Legal & General Mortgage
Club; Mortgages for Business; The
Mortgage Trading Centre; Professional
& Commercial and Solent Mortgage
Services. The lender intends to open out
its distribution to the rest of the advisor
market later in the year.
Fleet Mortgages – which only
distributes
through
mortgage
intermediaries and advisors – has a
product range covering individual,
limited company and houses in multiple
occupation (HMO) buy-to-let