Tembo Money has partnered with April Mortgages to offer brokers access to the lender’s five- to 15-year fixed-rate mortgage offering.
The longer-term fixed interest rate for April mortgages was previously not an option in Great Britain.
Earlier this week, April Mortgages announced that it will lend up to six times sole and joint income to first-time buyers, movers and like-for-like remortgages.
There are also no early repayment fees if the borrower moves or uses their own money to repay the mortgage.
Richard Dana, CEO of Tembo Money, comments: “April Mortgages does something different and opens up the ability to fix the mortgage term of up to 15 years in a way not previously available in the UK mortgage market.”
Mark Eaton, Chief Operating Officer of April Mortgages, added: “We are committed to working closely with brokers to create a better mortgage market for borrowers, by listening to them about what they and their customers really need.”
“Tembo Money has built a fantastic reputation, and we share the ethos of wanting to help our customers not only buy their dream home, but also stay in it.”