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TMW lowers portfolio landlord product rates

The Mortgage Works has reduced rates on a selection of products aimed specifically at professional landlords.

The buy-to-let lender has cut the rate on its 75 per cent LTV two-year fix for limited companies by 0.15 per cent to 2.84 per cent. This product comes with a £1,995 fee. With no fee, rates start at 3.29 per cent.

TMW has also cut rates on its limited company and HMO mortgages. The 75 per cent LTV two-year fix has been reduced by 0.30 per cent, giving a rate of 3.49 per cent and, as above, this product commands a £1,995 fee. Additionally, the 75 per cent five-year fix has been cut by 0.25 per cent, now coming in at 3.74 per cent.

All of the above are suitable for both purchase and remortgage and come with a free valuation.

As well as this, the lender has brought in a new range of two-year fixes with rates starting at 1.64 per cent at the 65 per cent LTV band. These products charge a £1,995 fee and come with £250 cashback.

TMW managing director Paul Wootton says: “This range of changes is designed to support landlords, including those looking for limited company and HMO options as well as those with large portfolios.

“By offering competitive rates and a wider choice of products to help manage their cashflow, we are demonstrating TMW’s continued commitment to supporting intermediaries and landlords.”


TMW cuts rates and add products

The Mortgage Works has reduced rates on its two-year fixes, tracker mortgages, and limited company buy-to-let products, as well as added new offerings. Specifically, the lender has cut rates on the 65 per cent LTV two-year fix, from 2.24 per cent to 1.99 per cent. The offer is for either purchase or remortgage, and includes […]


TMW launches 10-year fixed rates for landlords

The Mortgage Works has introduced a new range of 10-year fixed rate mortgages with rates starting at 2.74 per cent. The specialist buy-to-let arm of Nationwide Building Society is also cutting stress rates for selected longer term fixed rates and like-for-like remortgage products. The 2.74 per cent fixed rate is available up to 65 per […]


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