Secured loan news

06/04/2010 - The Mortgage Works improves buy-to-let range

The Mortgage Works (TMW) has announced a number of improvements to its range of buy to let mortgages as it continues its commitment to expanding and increasing competitive mortgage solutions for intermediaries.

Let to Buy mortgage updates

  • New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.
  • New 3.99% 1 year fixed and tracker products with free valuation and free legal fees. Available up to 70% LTV, with 3.50% arrangement fee and £150 booking fee.

Expanded Light Refurbishment product range

  • New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.
  • New 4.59% 1 year fixed and tracker products with £750 cash-back.  Available up to 70% LTV, with 3.50% arrangement fee.  

Selected Buy to Let fixed rate products reduced

  • 3 year Buy to Let fixed rate products reduced by 0.35%.
  • 5 year Buy to Let fixed rate product reduced by 0.20%.

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