The Mortgage Works has announced rate cuts across its BTL range, including a headline 3.99% fixed rate for five years with up to 55% LTV.
Another reduced rate includes a five-year fixed 4.54% rate, with 0% fee with up to 55% LTV for purchase and remortgage.
The new rates are available for use from today (26th March).
Darryl Dhoffer, adviser at The Mortgage Expert, commented: “BTL mortgages have been dropping for some time now.
“Who would have thought that a headline BTL rate of 3.99% would be cheaper than a standard residential mortgage rate?
“Fair play to The Mortgage Works.”
