The Mortgage Works (TMW) is reducing the rates on selected products across its range by up to 0.50% from tomorrow (Thursday 26th January).
These changes will see the headline 2-year fixed product come in at below 4%. Across selected 2-, 5- and 10-year fixed rates there are reductions of up to 0.30%.
In addition, TMW will be increasing selected tracker mortgage rates by 0.20%.
Daniel Clinton, director of landlord at The Mortgage Works, said: “As one of the UK’s leading buy-to-let lenders, TMW offers landlords a broad range of options to meet their varying needs.
“These latest rate reductions, which are being rolled out across a significant number of products from tomorrow, will see our headline 2-year fixed product fall below 4% and shows that we are doing what we can to support landlords to manage their finances through fixed rates.”
