25 Sep 2024

The Mortgage Works cuts rates across news business buy-to-let range

On Thursday 26 September, The Mortgage Works is reducing its rates by up to 0.35 percentage points across selected buy-to-let products for new customers, with rates starting from 3.49%. 

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.”