27 Jan 2021

TMW launches new limited company mortgages

The Mortgage Works (TMW), the specialist buy to let arm of Nationwide Building Society is launching new limited company mortgages on Thursday 28 January that now come with legal fees and a valuation included.

The Mortgage Works (TMW), the specialist buy to let arm of Nationwide Building Society is launching new limited company mortgages on Thursday 28 January that now come with legal fees and a valuation included.

The new competitive rates at 75% Loan to Value, which are available for remortgages are:

  • Two-year fixed rate at 3.34% with a £1,995 fee
  • Two-year fixed rate at 3.49% with a £995 fee
  • Five-year fixed rate at 3.69% with a £1,995 fee
  • Five-year fixed rate at 3.84% with a £995 fee

Full details on the criteria for Limited Company mortgages can be found here.

Daniel Clinton, Head of The Mortgage Works, said: “Over the last few years, we have seen more and more landlords build their portfolios through limited companies following changes to the tax regime. As a leading buy-to-let mortgage provider, we always look to offer a range of competitive mortgages to suit whatever the landlord’s circumstances. These latest products reinforce our support for the limited company market, helping reduce upfront costs for landlords.”