Tembo Money has partnered with April Mortgages to provide brokers access to the lender’s five to 15 year fixed rate mortgage range.
April Mortgages’ longer-term fixed rates have not previously been an option in the UK.
Earlier this week, April Mortgages announced that it will lend up to six times sole and joint income to first time buyers, home movers and like-for-like remortgages.
There are also no early repayment charges if the borrower moves house or uses their own funds to repay the mortgage.
Tembo Money chief executive Richard Dana comments: “April Mortgages is doing something different, opening up the possibility of fixing the mortgage term for up to 15 years in a way that hasn’t been available before in the UK mortgage market.”
April Mortgages chief operating officer Mark Eaton adds: “We are passionate about working closely with brokers to deliver a better mortgage market for borrowers, listening to them about what they and their clients really need.”
“Tembo Money has built a fantastic reputation, and we share the ethos of not only wanting to help our customers buy their dream home but stay in it too.”
