The two new limited company products include:
- Two-year fixed at 75% at 3.49% with a 2% fee – available for purchase, remortgage and further advances and comes with free standard valuations
- Two-year fixed at 75% at 3.74% with a 2% fee - available for remortgage and comes with free standard valuations/legals
TMW is also reducing selected limited company rates by up to 0.15%. The new rates include:
- Two-year fixed at 75% at 3.99% with a £1,995 fee
- Two-year fixed at 75% at 4.09% with a £995 fee
- Five-year fixed at 75% at 3.84% with a £1,995 fee
- Five-year fixed at 75% at 3.89% with a £995 fee
The above are available for purchase and remortgage with other rate/fee combinations also available.
Full details on all TMW mortgages can be found here.
Daniel Clinton, Head of The Mortgage Works, said: “Many landlords are choosing to manage their portfolio through a limited company. By expanding our range of mortgages on offer to these landlords and making reductions to our rates, we are demonstrating our support for this important and growing segment of the market.”
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