The Mortgage Works is helping first time landlords gain access to a wider range of competitive buy-to-let deals.
First time landlords will now be able to choose from TMW’s standard buy-to-let range, up to 75 per cent loan to value and benefit from the wide choice of competitive rate and fee options currently available to experienced landlords.
In addition, TMW is introducing a wider choice of £995 fee products and reducing the fee on its one year fixed rate mortgage by 1.00 per cent.
New products include:
– 2.99% one-year fixed at 75 per cent LTV, with a 2.50% fee
– 5.39% two-year fixed at 80 per cent LTV, with a £995 fee
– 4.24% three-year fixed at 65 per cent LTV, with a £995 fee
– 4.29% five-year fixed at 65 per cent LTV, with a £995 fee
The one year buy-to-let tracker product, with a rate of 3.99 per cent, will be withdrawn at close of business on Thursday 16 May.
For independent whole of market mortgage advice contact Integrity IFA or visit our website to use the mortgage source and calculator.