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:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%
