The Mortgage Works launches new buy-to-let range from 3.49%

New business rates have reduced by up to 0.10%.

Related topics:  Finance,  Buy-to-let
Rozi Jones | Editor, Barcadia Media Limited
21st August 2024
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"The Mortgage Works is committed to providing landlords and brokers a broad range of options to meet their varying needs."
- Joe Avarne, senior manager for buy-to-let mortgages at The Mortgage Works

The Mortgage Works (TMW), the buy-to-let lending arm of Nationwide, is reducing selected buy-to-let rates for new customers by up to 0.10%, with rates now starting from 3.49%.

New business buy-to-let rates include a two-year fixed rate at 4.64% and a five-year fix at 4.29%, both available for purchase and remortgage up to 75% LTV with a £1,495 fee.

New business limited company buy-to-let rates include a two-year fixed rate for purchase, remortgage and further advance, available at 4.79% up to 75% LTV with a 3% fee.  

Joe Avarne, senior manager for buy-to-let mortgages at The Mortgage Works, said: “The Mortgage Works is committed to providing landlords and brokers a broad range of options to meet their varying needs.

"These latest reductions continue to make The Mortgage Works one of the most competitive providers of buy-to-let mortgages in the sector with rates starting from 3.49%.”

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