The Mortgage Works launches new buy-to-let rates from 3.24%
Rates have reduced by up to 0.30% across the new business range.
From tomorrow, The Mortgage Works is reducing rates by up to 0.30% across selected buy-to-let products for new customers with rates starting from 3.24%.
The lowest rates is for a two-year fixed rate at 65% LTV, down to 3.24% with a 3% fee, available for purchase and remortgage.
In the lender's remortgage only range, two-year fixed rates at 65% LTV have reduced by 20bps to 3.54% with a 3% fee and by 30bps to 4.84% with no fee.
Joe Avarne, senior manager at The Mortgage Works, said: “With rates starting from 3.24% these latest reductions from The Mortgage Works will help widen market access for buy-to-let investors.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules
