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TODAY'S OTHER NEWS

TMW introduces new switcher range

The Mortgage Works (TMW) has launched a new range of buy-to-let switcher mortgage products for limited companies.

The new deals, which are available at up to 75% loan-to-value, start from 2.99% for two-year fixes and 3.99% for five-year fixes.

Both products are offered with a £1,995 arrangement fee. 

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Henry Jordan, director of mortgages at TMW, commented: “We first piloted our range of limited company mortgages just over two years ago meaning some of our first borrowers are coming to the end of their deal.

“This new range will allow these borrowers to switch to a new product with TMW.

“Since launch we have made various enhancements to the range and intermediaries can expect to see further developments, including the introduction of further advance options.”

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