Limited Company: reductions across selected two and five-year fixed rate products of up to 0.30%, including:
- Five-year fixed rate (purchase only) at 4.99% with a 3% fee, available up to 75% LTV (reduced by 0.30%)
- Two-year fixed rate (purchase only) at 4.79% with a 3% fee, available up to 75% LTV (reduced by 0.10%)
HMO: reductions across selected two and five-year fixed rate products of up to 0.25%, including:
- Two-year fixed rate at 4.59% with a 3% fee, available up to 75% LTV (reduced by 0.15%)
- Five-year fixed rate at 4.94% with a 3% fee, available up to 75% LTV (reduced by 0.25%)
Large Portfolio HMO: five-year fixed rate reduced by 0.20% to 4.99% with a 3% fee, available up to 75% LTV.
TMW’s Limited Company buy-to-let products come with free valuation and also include free legal options for Remortgage.
Full details on all rate reductions can be found here.
Daniel Clinton, Head of Specialist Lending at The Mortgage Works, said: “These latest changes ensure that TMW remains a competitive option for landlords, particularly in the HMO and Limited Company market. Our biggest rate cuts this time will be across our limited company mortgages, as we look to support an important and growing part of the buy-to-let sector with very competitive rates.”
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