TMW cuts rates on BTL and HMO products
By Tara SammonsThe Mortgage Works will be reducing rates by up to 25bps across selected limited company BTL and HMO products for existing customers.
The new rates will be effective from today (15th August).
Limited company switcher rate reductions include:
• two-year fixed rate at 3.94%, with a 3% fee, available up to 75% LTV (reduced by 0.1%)
• two-year fixed rate at 5.54%, with no fee, available up to 75% LTV (reduced by 0.25%)
• five-year fixed rate at 5.19%, with no fee, available up to 75% LTV (reduced by 0.25%)
Joe Avarne, senior manager at The Mortgage Works, commented: “We are continually looking to provide our existing landlords with competitive rates and are pleased to offer these latest reductions.”
Keywords: The Mortgage Works, limited company buy-to-let, limited company BTL switcher rates, HMO mortgage rates, Joe Avarne mortgage quote, existing landlord mortgage deals, two-year fixed buy-to-let, five-year fixed buy-to-let, 3.94% mortgage rate, 5.54% no fee mortgage, 5.19% fixed rate mortgage, 75% LTV buy-to-let
Source: BTL Insider — https://btlinsider.co.uk/tmw-cuts-rates-on-btl-and-hmo-products