Zero fee range launches at TMW

According to the lender, the new fee-free range will include two-year fixed rates from 2.44%, five-year fixed rates from 3.09%, and two-year tracker rates at 2.29%. Following rate reductions, standard buy-to-let products now start at 1.49% up to 65% LTV with a £1,995 fee, while tracker rates start at 1.39%.

All tracker products have a 'switch to fix' facility, enabling borrowers to switch to a fixed rate deal without incurring early repayment charges.

Paul Wootton, managing director of TMW, said: “These changes are designed to support a wide range of landlords, with rate reductions and a range of zero fee options, to help them access a wider choice of products to manage their cashflow. This illustrates TMW’s continued commitment to supporting intermediaries and landlords.”