The Right Mortgage & Protection Network (TRM) has announced specialist property finance lender TAB has joined its lender panel, broadening the range of mortgage and bridging finance options available to member firms.
From today, advisers across the network will have access to TAB’s mortgage and bridging products, including mortgage rates starting from 3.5% per annum and Bank of England Base Rate.
TAB’s bridging finance range includes rates from 0.68% per month, with loan sizes between £100k and £5m. The lender offers loan-to-value ratios above 70% for residential properties and up to 70% for commercial assets.
The lender accepts applications from individuals, limited companies and LLPs, with lending available across England, Wales and mainland Scotland. TAB also provides support through a nationwide team of business development managers working with advisers on case structuring and completions.
TAB, which launched in 2018, said it has lent more than £800m to date and is backed by CarVal alongside a network of more than 500 active investors.
Victoria Clark, head of lending at The Right Mortgage & Protection Network, said: “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, chief executive officer 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.”