The Mortgage Works (TMW) is launching two new buy-to-let products for limited companies and at the same time reducing selected limited company rates by up to 0.15%.
The two new limited company products includes a 2-year fixed at 75% at 3.49% with a 2% fee – available for purchase, remortgage and further advances and comes with free standard valuations.
It also includes 2-year fixed at 75% at 3.74% with a 2% fee – available for remortgage and comes with free standard valuations/legals.
TMW is also reducing selected limited company rates by up to 0.15%. The new rates include a 2-year fixed at 75% at 3.99% with a £1,995 fee, a 2-year fixed at 75% at 4.09% with a £995 fee, a 5-year fixed at 75% at 3.84% with a £1,995 fee and 5-year fixed at 75% at 3.89% with a £995 fee.
All of which are available for purchase and remortgage with other rate/fee combinations also available.
Daniel Clinton, head of The Mortgage Works, said: “Many landlords are choosing to manage their portfolio through a limited company.
“By expanding our range of mortgages on offer to these landlords and making reductions to our rates, we are demonstrating our support for this important and growing segment of the market.”
