Tomorrow (30th September) The Mortgage Works (TMW) is set to reintroduce its range of fixed buy-to-let mortgages following their temporary withdrawal on Wednesday (28th).
The new buy-to-let rates include a 5-year fix at 65% at 5.74% with a £1,995 fee and a 10-year fix at 65% at 5.49% with no fee.
Both are available for purchase and remortgage with other rate/fee combinations also available on 2- and 5-year fixed rate mortgages.
Daniel Clinton, head of The Mortgage Works, said: “Following a very brief withdrawal we have reintroduced our range of fixed rate buy-to-let mortgages.
“We remain committed to supporting landlords, which is why we brought our fixed rate products back quickly, but we have had to reprice our range to ensure our rates remain sustainable in the current economic environment.”
