April Mortgages partners with Tembo Money

Published on

April Mortgages has formed a new strategic partnership with Tembo Money.

Tembo Money is a mortgage and savings platform. The partnership means that Tembo Money’s mortgage broker team will have access to April’s range of 5-15 year fixed rate mortgages.

Earlier this week, the lender announced that it will lend up to six times sole and joint income to first time buyers, home movers and like-for-like remortgages.

Richard Dana, chief executive of Tembo Money, said: “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. After the volatility of the last few years there will certainly be some borrowers who would value that long-term certainty, and we look forward to working with April Mortgages to deliver long-lasting peace of mind to them.”

Mark Eaton (pictured), chief operating officer at April Mortgages, added: “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.

“Partnerships like this one will allow April Mortgages to continue our mission to provide far greater peace of mind to both brokers and borrowers through our innovative longer-term fixed rate products.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

UK Mortgage Convention set to return with focus on DA brokers

The UK Mortgage Convention will return in 2026 with a renewed emphasis on supporting...

Misconceptions still stopping would-be buyers from applying for mortgages

A majority of would-be homebuyers are holding back from applying for a mortgage because...

Estate agent LRG lined up for £800m sale

One of Britain’s largest estate agency groups is being readied for a sale that...

IMLA warns FCA: keep mortgage advice at the heart of reform

The Intermediary Mortgage Lenders Association has welcomed a move towards greater regulatory flexibility in...

4Syte secures £100m funding facility from NatWest and British Business Bank

Specialist finance provider 4Syte has agreed a new facility of up to £100m with...

Latest publication

Other news

UK Mortgage Convention set to return with focus on DA brokers

The UK Mortgage Convention will return in 2026 with a renewed emphasis on supporting...

Misconceptions still stopping would-be buyers from applying for mortgages

A majority of would-be homebuyers are holding back from applying for a mortgage because...

Estate agent LRG lined up for £800m sale

One of Britain’s largest estate agency groups is being readied for a sale that...