The Mortgage Works is set to reduce rates by up to 0.20 percentage points on selected buy-to-let (BTL), limited company BTL and house in multiple occupation (HMO) products for existing customers.
The new rates will apply from tomorrow (4th December 2025).
Rates going down include a 2-year fixed rate BTL product at 2.89% with a 3% fee, available up to 75% loan-to-value (LTV), reduced by 0.15 percentage points.
The 5-year fixed rate BTL product will be 3.69% with a 3% fee, available up to 75% LTV, down by 0.07 percentage points.
The 2-year fixed rate limited company BTL product will be 3.79% with a 3% fee, available up to 75% LTV, reduced by 0.15 percentage points.
Joe Avarne, senior manager at The Mortgage Works, said: “As one of the UK’s leading buy-to-let lenders, The Mortgage Works offers landlords a broad range of options to meet their varying needs.
“These latest rate reductions demonstrate our continued commitment and support to our existing landlord customers who are coming to the end of their current deal.”
