The Mortgage Works improves range

The Mortgage Works (TMW) has announced a number of improvements to its range of mortgages as it continues its commitment to expanding and increasing competitive mortgage solutions for intermediaries.

Let to Buy updates

New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.
New 3.99% 1 year fixed and tracker products with free valuation and free legal fees. Available up to 70% LTV, with 3.50% arrangement fee and £150 booking fee.

Expanded Light Refurbishment product range

New 4.99% lifetime variable managed rate product with £1,899 arrangement fee, up to 70% LTV.
New 4.59% 1 year fixed and tracker products with £750 cash-back.  Available up to 70% LTV, with 3.50% arrangement fee.  

Selected Buy to Let fixed rate products reduced

3 year Buy to Let fixed rate products reduced by 0.35%.
5 year Buy to Let fixed rate product reduced by 0.20%.
Stepped tracker renamed as step down tracker

The TMW stepped tracker range has now been renamed 'step down tracker' to help highlight the reduced tracker loading in the second year.