The new 55% LTV products include:
- Five-year fixed rate buy-to-let at 4.09% with a 3% fee
- Five-year fixed rate buy-to-let at 4.44% with a £1,495 fee
- Five-year fixed rate buy-to-let at 4.74% with no fee
Full details on all products can be found here.
Dan Clinton, Head of Specialist Lending at The Mortgage Works, said: “As one of the UK’s largest buy-to-let lenders, we always look to offer a wide range of mortgages to suit landlords' differing needs. In recent times, we have seen an increasing demand in the market for low loan-to-value products, which is why we’re pleased to be able to support landlords who have significant deposits with competitive products.”
