TMW launches new and enhanced Buy to Let product range
With effect from Friday 16 March The Mortgage Works is to make a number of changes to its Buy to Let mortgage range.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
New Products include:
- Two-year tracker at 3.99%, up to 75% LTV, 3.50% fee, available for purchase and remortgage
- Lifetime variable rate at 4.99%, up to 65% LTV, 1.75% fee, available for purchase and remortgage
In addition, further cashback options are now available on selected products for purchase and remortgage.
Tracie Pearce, Head of Product Management and Pricing at The Mortgage Works said:
"We are very pleased to announce new Buy to Let products and rate improvements on existing fixed rate products, designed to give intermediaries and their clients even more options to choose from.
"The new two year tracker in particular offers a very competitive rate and the re-launch of the Lifetime Variable product with Early Repayment Charges until November 2012 gives landlords additional flexibility when managing their BTL investment.
"We regularly review our mortgages to ensure their relevance and competitiveness in the market place and these changes are a further example of that."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn