Quantum Mortgages, the specialist buy-to-let lender, has announced the addition of L&C Mortgages to its panel.
L&C Mortgages will have access to its entire product range which includes:
- Single unit properties – accommodates houses and flats, lending up to 80% LTV and refinance bridging loans with a day one remortgage
- Multi-unit range – accommodates MUFB’s & HMOs up to six units/rooms and holiday lets, lending up to 75% LTV
- Specialist range – facilitates loans on property types not usually available to landlords, semi commercial, ex local authority flats up to 12 storeys, deck access, small studios with no maximum age
- Expat and foreign national – lends up to 75% LTV to a foreign resident without any UK residency so long as they own at least one other investment property
- QML Pro – is a more specialist range for properties and circumstances that do not fit the standard Quantum Mortgages criteria
Spencer Gale (pictured), head of networks & clubs at Quantum Mortgages, said: “We are delighted to be working with L&C Mortgages, having launched back in 2000 they have helped over two million people find the right solution for their clients.
“As the number one fee-free mortgage broker, they have developed unrivalled experience and expertise in this sector, our proposition for the experienced and professional landlord will enhance the lenders they currently have on their panel, and I am confident we will add value to L&C Mortgages landlord customers.”
Simon Hendy, chief relationship officer at L&C Mortgages, added: “It’s fantastic to enhance our lending panel with the addition of Quantum Mortgages. This partnership provides our advisers with access to another great specialist lender whose product offering is extremely broad and will undoubtedly help them to find the right solutions for their clients.
“Quantum offers a personal and common-sense underwriting approach that fits in well with our own commitment to meeting customer needs and offering an enhanced customer experience.”
