New business reduced rates include:
- Buy-To- Let - Five-year fixed rate (purchase and remortgage) at 3.69% with a 3% fee, available up to 65% LTV (reduced by 0.10%)
- Buy-To-Let - Two-year fixed rate (purchase and remortgage) at 3.99% with a £3,995 fee, available up to 65% LTV (reduced by 0.35%)
- Buy-To-Let - Five-year fixed rate (purchase and remortgage) at 3.99% with a £3,995 fee, available up to 65% LTV (reduced by 0.15%)
Full details on all rate changes can be found here.
Joe Avarne, Senior Manager, Buy-to-Let Mortgages at The Mortgage Works, said: “With rates starting from 3.49%, these latest reductions from The Mortgage Works will help widen market access for buy-to-let investors.”