Set to launch next week, the range is designed to improve the client experience with features such as a fair notice period for interest rate and product withdrawals, AVMs or free valuation up to £750,000.

The offering also includes a credit assessment that judges a client’s credit file based on a 22-month period rather than the industry standard of 60 months, and no interest on fees.

The application process can be fully submitted online through Tandem’s mortgage portal.

Clients will be able to transfer to other products at the end of their fixed rate period.

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Steve Beard, managing director of Tandem’s mortgage division, said: “Tandem is challenging the status quo, having reimagined and reworked the application to offer process by introducing time saving initiatives that are guaranteed to compress the time it takes to go from DIP to offer and completion.”

Richard Angell, head of sales and national accounts at Tandem, added: “Tandem is setting its stall out to be the specialist lender for remortgages and next week, we will be launching our first comprehensive first charge remortgage product range featuring all of the above features through some of the best clubs, networks and large brokers in the UK.

“There will be more to follow soon.

“Industry figures we have reached out to have all confirmed that our process is going to revolutionise how customers and their advisers are treated and how quickly they can complete their mortgages.

“Watch this space — things are about to get exciting!”