TMW launches two-year BTL fix at 4.69%
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The Mortgage Works has made a number of changes to its buy-to-let range and launched a two-year fixed rate at 4.69%.
The two-year fix is available up to 75% LTV with a 2.50% arrangement fee.
It has launched a two-year tracker at 3.99%, BBR+3.49%, up to 75% LTV with a 2.50% arrangement fee
As well as a two-year fixed rate at 5.69%, up to 75% LTV with a £799 arrangement fee.
It has also improved rates on remortgage products with free standard valuation and free standard legal fees improved by up to 0.45%.
It has also introduced a two-year fix with a £995 fee for Let to Buy and first-time landlords, available up to 75% LTV.
Tracie Pearce, head of product management and pricing at TMW, says: “The improvements we’re making to our buy-to-let range demonstrate our commitment to both customers and intermediaries, by offering a range of products that suit a variety of needs.
’We regularly review our mortgages to ensure their relevance and competitiveness in the market place and these changes are a further example of that.”
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