The Buy-to-Let rate reductions for new customers include:
- Two-year fixed rate (purchase and remortgage) at 3.54% with a 3% fee, available up to 65% LTV (reduced by 0.15%)
- Two-year fixed rate (purchase and remortgage) at 3.94% with a £3,995 fee, available up to 75% LTV (reduced by 0.05%)
- Five-year fixed rate (purchase and remortgage) at 3.84% with a 3% fee, available up to 55% LTV (reduced by 0.10%).
Full details on all rate changes can be found here.
Joe Avarne, Senior Manager, Buy-to-Let Mortgages at The Mortgage Works, said: “As one of the largest buy-to-let providers in the market TMW remain committed to supporting landlords by maintaining our competitive position. These latest cuts will see TMW rates starting from 3.54% and will be some of the lowest rates in the market.”
