Quantum Mortgages launches specialised BTL range

Published on

Quantum Mortgages has launched QML Pro, a more specialist range designed to accommodate properties and situations that fall outside the standard Quantum Mortgages’ criteria.

QML Pro is aimed at applicants with specialised property types and specific market experience, aiming to serve investors and homeowners who may not meet traditional lending requirements.

It welcomes various property types, including but not limited to HMOs and multi-unit properties greater than 12 rooms/units, properties with unique construction types, properties valued below £70,000, freehold flats, maisonettes, coach houses, and properties with specific usage class restrictions. A specialist valuer can assess properties that fall into non-standard categories.

It also caters for different tenancy types, including standard ASTs, holiday lets, corporate lets, DWP housing association tenancies, and tenancies with trading companies as acceptable corporate structures. There is no minimum or maximum tenancy term.

With a maximum loan limit of £1 million, QML Pro caters to a diverse range of property investments. Borrowers across England, Wales, and Northern Ireland can apply for QML Pro.

Jason Neale, managing director of Quantum Mortgages, said: “At Quantum Mortgages, we are committed to enabling homeownership opportunities for all, even those with unique property circumstances. QML Pro embodies our dedication to offering flexible solutions that cater to the diverse needs of our customers.”

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

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...