Quantum Mortgages announces new product launch

Specialist BTL lender, Quantum Mortgages, has announced the launch of QML Pro, a specialist range designed to accommodate properties and situations that fall outside the standard Quantum Mortgages criteria.

Related topics:  Landlords,  BTL,  Mortages
Property | Reporter
11th July 2023
Mortgage 221
"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"

According to Quantum, QML Pro is tailor-made for applicants with specialized property types and specific market experience, aiming to serve investors and homeowners who may not meet traditional lending requirements.

Key Features of QML Pro:

Specialized Property Consideration: QML Pro 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.

Acceptable Tenancy Types: QML Pro embraces various 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.

Maximum Loan Flexibility: With a maximum loan limit of £1 million, QML Pro caters to a diverse range of property investments, providing financial support to a broader spectrum of borrowers

Extensive Lending Area: Borrowers across England, Wales, and Northern Ireland can benefit from QML Pro's specialized mortgage offerings.

Jason Neale, MD of Quantum Mortgages, comments: "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."

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