The Mortgage Works (TMW) will be reducing rates by up to 0.35% across its limited company switcher range from Saturday 30th September 2023.
The reductions include a 5-year fixed rate at 5.39% with a 5% fee, available up to 70% loan-to-value (LTV).
The lender will also be introducing a 5-year fixed rate at 5.79% with a 3% fee, available up to 75% LTV, as well as a 5-year fixed rate at 6.29% with a £1,495 fee, available up to 75% LTV.
Dan Clinton, head of specialist lending at The Mortgage Works, said: “We are continually looking to support existing landlords with competitive products.
“The swap rate environment has been gradually improving enabling us to reduce rates further.
“These reductions will be welcomed by buy-to-let investors as we work to support them with their cashflow and help unlock affordability constraints.”
