The new buy-to-let switcher rates include:
- Two-year fixed at 3.99% with a £3995 fee, available up to 65% LTV (reduced by 0.05%)
- Three-year fixed at 4.39% with a £1,495 fee, available up to 65% LTV (reduced by 0.10%)
- Five-year fixed at 4.49%, available up to 65% LTV (reduced by 0.15%)
Other rate/fee combinations are also available on The Mortgage Works switcher products.
Full details on all switcher rate reductions can be found here1.
Joe Avarne, Senior Manager, Buy-to-Let Mortgages at The Mortgage Works, said: “We are continually looking to support our existing landlords and these latest reductions will be some of the most competitive and cost-effective options in the market.”