The Mortgage Works is launching a new 55% loan-to-value (LTV) buy-to-let range for new and existing customers, covering house purchases and remortgages.
The new 55% LTV products include a 5-year fixed rate buy-to-let at 4.09% with a 3% fee, a 5-year fixed rate buy-to-let at 4.44% with a £1,495 fee, as well as a 5-year fixed rate buy-to-let at 4.74% with no fee.
Dan Clinton, director of landlord at The Mortgage Works, said: “As one of the UK’s largest buy-to-let lenders, we always look to offer a wide range of mortgages to suit landlords’ differing needs.
“In recent times, we have seen an increasing demand in the market for low loan-to-value products, which is why we’re pleased to be able to support landlords who have significant deposits with competitive products.”
