TMA Club and PRIMIS Mortgage Network, part of the LSL Group, have today announced the launch of an exclusive two-year fixed rate mortgage product with Leeds Building Society. The new product will be available immediately to TMA’s and PRIMIS’ advisers.
As part of the exclusive deal, TMA and PRIMIS advisers will have access to a market leading rate of 1.54%, fixed for two years until 30th June 2022. Following the initial fixed period, borrowers will benefit from an SVR of 1.25% until 30th June 2025, discounted from 4.44%. The product also comes with up to 80% LTV and a maximum loan value of £750,000. Avaliable for both purchase and remortgage applications, advisers’ customers will also benefit from a fee-free valuation.
Lisa Martin, Development Director at TMA, said:
“At TMA we look for lenders who take a forward-thinking approach to lending and Leeds Building Society does just that. This exclusive deal means we can reward a growing number of intermediaries with a market-leading lending solution to enhance their proposition and grow their client portfolios. This product is testament to TMA’s continued commitment to providing our advisers with products that are the best of their kind- and I’m sure this new addition will be met with great interest by our advisers.”
Vikki Jefferies, Proposition Director at PRIMIS, added:
“Our top priority at PRIMIS is supporting and investing in our brokers to champion the services they provide to their customers. By offering an exclusive product through Leeds Building Society, we are able to give our advisers access to more top-quality lending solutions to cater for their diverse client bases. This latest deal is just one of many we hope to offer our advisers this year as we continue to grow and enhance our proposition.”
Additional highlights of the deal include:
Today’s launch comes as both TMA and PRIMIS continue their commitment to supporting advisers with competitive and innovative propositions.
Martese Carton, Head of Intermediary Distribution at Leeds Building Society, concluded:
“We are delighted to be working with TMA and PRIMIS to provide their advisers with access to this exclusive product. We are always looking for ways to drive the market forward with innovative products to give brokers and their clients more affordable lending solutions. We look forward to working directly with the TMA and PRIMIS to support more advisers and their customers with their lending searches.”