The Mortgage Works is, from today, cutting rates by up to 0.26 percentage points on selected two, three and five-year fixed rate products for new and existing customers.
These rate cuts will be across The Mortgage Works’ buy-to-let and limited company buy-to-let ranges.
Rate cuts include:
• Two-year fixed rate (remortgage only with free valuation and free legals) buy-to-let mortgage at 3.49% (reduced by 0.10%) with a 3% fee, available up to 65% LTV.
• Two-year fixed rate (existing customer switcher) buy-to-let mortgage at 3.49% (reduced by 0.10%) with a 3% fee, available up to 65% LTV.
• Two-year fixed rate (purchase, remortgage and further advance with free valuation) limited company buy-to-let mortgage at 4.98% (reduced by 0.26%) with a £3,995 fee, available up to 75% LTV.
A spokesperson says: “We’re making further rate cuts across our mortgage range as part of our ongoing commitment to supporting individual and limited company landlords.
“We remain focused on maintaining a comprehensive product offering and will continue to review our range to ensure we are meeting the needs of our customers.”
