New business reduced rates include:
- Buy To Let - two-year fixed rate (purchase and remortgage) at 3.24% with a 3% fee, available up to 65% LTV (reduced by 0.15%)
- Buy To Let - two-year fixed rate (remortgage only) at 3.54% with a 3% fee, available up to 65% LTV (reduced by 0.20%)
- Buy To Let - two-year fixed rate (remortgage only) at 4.84% with no fee, available up to 65% LTV (reduced by 0.30%)
Full details of all rate cuts can be found here.
Joe Avarne, Senior Manager at The Mortgage Works, said: “With rates starting from 3.24% these latest reductions from The Mortgage Works will help widen market access for buy to let investors.”