View more on these topics

TMW cuts B2L range by up to 0.5%

The Mortgage Works has reduced rates by up to 50 basis points and says it is now offering its lowest-ever rates.

The Nationwide buy-to-let subsidiary now has fixes starting from 2.19 per cent and trackers starting at 1.94 per cent.

Further, a new fee-free 65 per cent LTV two-year fix has been introduced at 2.99 per cent.

The lender has also introduced a new £1,995 fee option for three- and five-year fixed rates at 65 and 75 per cent LTV. Rates start at 2.69 per cent for the three-year fixes and 3.29 per cent for the five-year fixes.

TMW head of specialist mortgages Paul Wootton says: “This new range of competitive buy-to-let fixed rate and tracker mortgages provide landlords with TMW’s best-ever rates and continue to demonstrate our commitment to our customers and intermediaries.

“With a likely Bank base rate rise on the horizon, TMW’s competitive range of fixed rate products offer longer term payment security for landlords, particularly for those with larger deposits looking to maximise their cashflow.”



Just Retirement set for merger with Partnership

Just Retirement and Partnership, the two insurers whose share prices were savaged by Chancellor George Osborne’s radical annuities overhaul, are to merge. The deal, announced last week on the London Stock Exchange, is expected to result in Just Retirement shareholders owning roughly 60 per cent of the combined business, with Partnership shareholders controlling the remaining […]


Careers Insight: The art of coaching

Coaching of employees – which puts the onus on the coachee – raises self-awareness, which, in turn, prompts perception and an understanding of others. Everybody wins


News and expert analysis straight to your inbox

Sign up