The Mortgage Works launch new fixed and tracker mortgages

The Mortgage Works (TMW) has announced a number of improvements to its range of mortgages as it continues its commitment to expanding and increasing competitive mortgage solutions for intermediaries.

Related topics:  Property
Warren Lewis
1st April 2010
Property

Let to Buy updates

- New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.

- New 3.99% 1 year fixed and tracker products with free valuation and free legal fees. Available up to 70% LTV, with 3.50% arrangement fee and £150 booking fee.

Expanded Light Refurbishment product range

- New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.

- New 4.59% 1 year fixed and tracker products with £750 cash-back.  Available up to 70% LTV, with 3.50% arrangement fee.  

Selected Buy to Let fixed rate products reduced

- 3 year Buy to Let fixed rate products reduced by 0.35%.

- 5 year Buy to Let fixed rate product reduced by 0.20%.

Stepped tracker renamed as step down tracker

- The TMW stepped tracker range has now been renamed 'step down tracker' to help highlight the reduced tracker loading in the second year.
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