The Mortgage Works launches new range with rates from 3.49%
Rates have reduced by up to 0.45%.
"We are pleased to announce more rate cuts as it further demonstrates our ongoing commitment to brokers and landlords."
- Joe Avarne, senior manager for buy-to-let mortgages at TMW
The Mortgage Works (TMW) has reduced rates by up to 0.45 percentage points across its product range, with rates now starting from 3.49%.
Two-year fixed rates now start from 3.49% at 65% LTV with a 3% fee.
A two-year fixed rate for limited company houses in multiple occupation (HMO) has reduced by 45bps to 4.94% with a 3% fee, available up to 75% LTV.
Five-year fixed rate limited company buy-to-let products have reduced by 25bps to 4.59% at 70% LTV with a 5% fee, and by 30bps to 4.99% at 75% LTV with a 3% fee.
All products are available for purchase and remortgage.
Joe Avarne, senior manager for buy-to-let mortgages at The Mortgage Works, said: “We are pleased to announce more rate cuts as it further demonstrates our ongoing commitment to brokers and landlords. These latest reductions make us one of the most competitive buy-to-let mortgage lenders in the sector with rates now starting from 3.49%.”
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