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The Mortgage Works enhances Buy to Let range

12th January 2011 Print

The Mortgage Works (TMW) is making a number of enhancements to its Buy to Let mortgage range.

As part of its commitment to intermediaries, TMW has reviewed its Buy to Let product range and has made rate improvements of up to 0.55%, as well as the introduction of £799 flat arrangement fee products.

Buy to Let key changes include:

New two-year and three-year fixed rates with a flat arrangement fee of £799, available up to 75% LTV

Rates on remortgage products with free standard valuation and free standard legal fees improved by up to 0.45%

Rates on Let to Buy range improved by up to 0.55%

Two-year fixed rates with a fee of £995 introduced for Let to Buy and First Time Landlords, available up to 75% LTV

Tracie Pearce, Head of Product Management and Pricing at The Mortgage Works, said: "The improvements we're making to our Buy to Let range demonstrate our commitment to both customers and intermediaries, by offering a range of products that suit a variety of needs.  We regularly review our mortgages to ensure their relevance and competitiveness in the market place and these changes are a further example of that."