The reductions to the switcher products for Buy to Let include:
- Two-year fixed at 4.94% with a 3% fee, available up to 65% LTV (reduced by 0.10%)
- Two-year fixed at 5.84% with s £1495 fee, available up to 65% LTV (reduced by 0.25%)
- Five-year fixed at 4.99% with a 3% fee, available up to 55% LTV (reduced by 0.20%)
- Five-year fixed at 5.34% with s £1495 fee, available up to 55% LTV (reduced by 0.10%)
Full details on all rate reductions can be found here.
Dan Clinton, Head of Specialist Lending at The Mortgage Works, said: “These rate reductions continue to showcase our commitment to landlords and will improve our competitive position. We know these reductions will be welcomed by buy-to-let investors as we work to support landlords looking to manage their cashflow through fixed rates.”
