11 Sep 2024

The Mortgage Works reduces switcher rates

The Mortgage Works (TMW) will be reducing rates 0.05 percentage points across its Buy to Let Switcher range from tomorrow, Thursday, 12 September 2024.

The reductions to the switcher products for Buy to Let include:

  • Two-year fixed at 3.79% with a 3% fee, available up to 65% LTV (reduced by 0.05%)
  • Three-year fixed at 3.84% with a 3% fee, available up to 65% LTV (reduced by 0.05%)
  • Five-year fixed at 3.84% with a 3% fee, available up to 65% LTV (reduced by 0.05%)

Full details on all rate reductions can be found here.

Joe Avarne, Senior Manager, Buy-to-Let Mortgages at The Mortgage Works, said: “These competitive rate reductions continue to evidence our commitment to supporting landlords looking to manage their cashflow through fixed rates.”