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.
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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."
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