The Mortgage Business Higher Lending Charge Free products unveiled

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The Mortgage Business Higher Lending Charge Free products unveiled

A range of ten The Mortgage Business Higher Lending Charge Free products has been introduced today, available through a number of brokers, including PMPA, Ramp and Exclusive Connections.

This range is expected to be followed up with more HLC-free mortgages, which will be available through all brokers, reports product website Mortgage Introducer.

Among the ten The Mortgage Business Higher Lending Charge Free products will be six self-certified fixed-rate and tracker offers with rates ranging from 4.99 per cent to 5.24 per cent.

There will also be four tracker rate House 2 House mortgages, one of which will offer a £500 cashback bonus.

"Getting rid of HLC was one of the first things we wanted to do as a new management team with TMB," said Nigel Payne, managing director of The Mortgage Business.

"TMB's new exclusive products are just the beginning of a wealth of HLC-free products which we are really excited about bringing to the market."