The Right Mortgage signs up TAB to lender panel Mortgage Finance Gazette

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The Right Mortgage & Protection Network (TRM) has today signed specialist property finance lender TAB to its lender panel.

TRM said this would increase 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 lending, 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 £5 million. LTVs are available from 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.

TAB has UK-wide coverage through its team of business development managers.

The lender was established in 2018 and has lent more than£800 million to date. It is backed by CarVal and a network of more than 500 active investors.

TRM head of lending Victoria Clark 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.”

TAB chief executive Duncan Kreeger 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.”

Earlier this month TRM signed up Gatehouse Bank to its panel.