TMW launches lowest ever BTL rates

The Mortgage Works has cut rates on its buy-to-let range, which it says are now its lowest ever headline rates.

Related topics:  Finance
Rozi Jones
21st August 2015
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From today, 2 year fixed and tracker products at 65% LTV have been reduced by up to 0.45%, with a new £0 fee product starting from 2.99%.

3 and 5 year fixed products at 65% and 75% LTV will be reduced by up to 0.50%.

TMW is introducing new 65% LTV products with a £1,995 fee, and is withdrawing its 3 year fixed up to 75% LTV at 4.19%.

Let to Buy rates will also be reduced by up to 0.40%

Head of specialist mortgages, Paul Wootton, said:

“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 cash flow.”

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