TMW launches 3.99% fixed five-year BTL product
By Jodie BradleyThe 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.
Section: Opinion
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.”
Keywords: The mortgage works, btl range, rate reductions, the mortgage expert, daryl dhoffer
Source: BTL Insider — https://btlinsider.co.uk/tmw-launches-399-fixed-five-year-btl-product