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Mortgage Express named UK's largest buy-to-let lender

14th August 2007 Print
Mortgage Express tops new lending table as well as being number one for outstanding balances.

Mortgage Express undertook more new lending in the buy-to-let sector in the first half of 2007 than any other lender, the Council of Mortgage Lenders (CML) has today revealed.

Figures released by the CML show that Mortgage Express was the largest lender of buy-to-let mortgages in terms of both balances outstanding and gross advances in H1 2007.

Gus Park, director of intermediary sales at Mortgage Express, said: "We are delighted to be recognised as the UK's leading buy-to-let lender and to be back in the top spot for new lending as well as balances outstanding.

"This is a tremendous achievement and is testament to our consistently competitive pricing, our simple and flexible buy-to-let proposition and our use of pay rate in our rental calculations. We have made some improvements to our range this year with the introduction of new extended criteria for experienced landlords and we look forward to further building upon our success in the second half of the year."