Buy-to-let: reductions across selected two, five and 10-year fixed rate of up to 0.30%, including:
- Two-year fixed rate buy-to-let at 3.99% with a 3% fee, available up to 65% LTV (reduced by 0.30%)
- Five-year fixed rate buy-to-let at 4.39% with a 3% fee, available up to 65% LTV (reduced by 0.30%)
Large Portfolio Buy-to-Let: reductions across two and five-year fixed rate products of up to 0.50%, including:
- Two-year fixed rate (for remortgages) at 4.29% with a 3% fee, available up to 75% LTV (reduced by 0.20%)
- Five-year fixed rate (for remortgages) at 4.79% with a 3% fee, available up to 75% LTV (reduced by 0.10%)
Limited Company and HMO: reductions across selected two and five-year fixed rate products of up to 0.20%, including:
- Five-year fixed rate Limited Company (for remortgages) at 5.39% with a 3% fee, available up to 75% LTV (reduced by 0.20%)
- Two-year fixed rate HMO at 4.74% with a 3% fee, available up to 75% LTV (reduced by 0.15%)
TMW’s buy-to-let and limited company remortgage products also come with free valuation and free legals.
In addition, TMW will be increasing selected tracker mortgage rates by 0.20%.
Full details on all rate reductions can be found here.
Daniel Clinton, Director of Landlord at The Mortgage Works, said: “As one of the UK’s leading buy-to-let lenders, TMW offers landlords a broad range of options to meet their varying needs. These latest rate reductions, which are being rolled out across a significant number of products from tomorrow, will see our headline two-year fixed product fall below four per cent and shows that we are doing what we can to support landlords to manage their finances through fixed rates.”
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