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TMW launches market’s only BTL 10-year fix

The Mortgage Works has launched the market’s only buy-to-let 10-year fixed rate mortgage.

The deal is priced at 4.99 per cent and is available to 75 per cent LTV with a £995 fee.

TMW has also launched a five-year fix, available up to 80 per cent LTV, at a rate of 4.49 per cent.

All of TMW’s five- and 10-year fixed rate deals continue to be stress-tested at 4.99 per cent with a rental cover requirement of 125 per cent.

TMW managing director Henry Jordan says: “TMW’s 10-year fix will fill a gap in the market that has seen a trend towards opting for longer term options. With longer term fixed rate buy-to-let mortgages available at historically low rates, now could be the perfect time for both experience and first-time landlords to lock in payments.”



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It has been six years since one-time Wall Street superstar Bernard Madoff was arrested at his multimillion-dollar New York City apartment, ending a 50-year Ponzi scheme of epic proportions. During the ensuing trial, prosecutors estimated the total size of the fraud to be around $64.2bn (£43bn). Almost as shocking, meanwhile, was the utter simplicity of […]


Analysis: Bedroom-rated insurance is a boon

Do your clients know exactly how much their home is worth? How about its contents? Have they ever taken the time to tally them up?  Few of us do. But when it comes to buildings and contents insurance, it can be crucial. Otherwise, your insurance policy may leave you under-insured. I read an article recently […]


Slow ahead

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