The Mortgage Works has announced it will be reducing rates by up to 0.25% across selected limited company buy-to-let and HMO products for existing customers.
The new rates take effect from tomorrow, Friday 15th August.
Among the changes, limited company switcher products include a 2-year fixed rate at 3.94% with a 3% fee, available up to 75% loan-to-value (LTV), reduced by 0.10%.
A 2-year fixed rate at 5.54% with no fee, also up to 75% LTV, has been cut by 0.25%
In addition, a 5-year fixed rate at 5.19% with no fee, available up to 75% LTV, has also been reduced by 0.25%.
Joe Avarne, senior manager at The Mortgage Works, said: “We are continually looking to provide our existing landlords with competitive rates and are pleased to offer these latest reductions.”
