27 Nov 2023

The Mortgage Works reduces rates across Limited Company and HMO ranges

On Tuesday 28 November, The Mortgage Works (TMW) is reducing rates by up to 0.30 percentage points across its Limited Company and HMO range for new customers.

The Limited Company rate reductions include:

One-year fixed rate (purchase and remortgage) at 5.19% with a 2% fee, available up to 75% LTV (reduced by 0.30%)
Two-year fixed rate (purchase and remortgage) at 5.19% with a 3% fee, available up to 75% LTV (reduced by 0.30%)
Five-year fixed rate (purchase and remortgage) at 4.89% with a 5% fee, available up to 70% LTV (reduced by 0.10%)

Full details on all rate changes can be found here.

Daniel Clinton, Head of Specialist Lending at The Mortgage Works, said: “These latest rate cuts demonstrate our commitment to the buy-to-let sector as we continue to offer some of the most competitive rates in the market. This is our fourth reduction in five weeks with these particular reductions focusing on supporting Limited Company and HMO landlords.”