The Mortgage Works has reduced rates on its two-year fixes, tracker mortgages, and limited company buy-to-let products, as well as added new offerings. Specifically, the lender has cut rates on the 65 per cent LTV two-year fix, from 2.24 per cent to 1.99 per cent. The offer is for either purchase or.
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Wednesday 12th June 2019. The Mortgage Works (TMW) has cut limited company and HMO buy-to-let mortgage rates. TMW is offering a two-year fixed limited company mortgage at 75% loan-to-value (LTV) at 2.84% with a 1,995 fee, or a fee-free deal at 3.29%.
Added on June 12th, 2019 in Property News. The Mortgage Works (TMW) has cut limited company and HMO buy-to-let mortgage rates. TMW is offering a two-year fixed limited company mortgage at 75% loan-to-value (LTV) at 2.84% with a £1,995 fee, or a fee-free deal at 3.29%.
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Keystone has reduced its rates on select standard. the final two years. The products are available to landlords purchasing individually or via a limited company structure, and the specialist buy-to.
2 and 5 year fixed rate products; What you need to know: Limited Companies. Rental cover – Assessment rate: Higher of pay rate + 2%, or revert rate (minimum 5.50%) for shorter term Fixed and Tracker products. Pay rate for 5 year + Fixed rates (additional underwriting may be required). Minimum property value: £50,000 (excluding London and HMO.
In addition, a new range of Limited Company options are being introduced, including those with a 995 fee and a five-year fixed rate HMO product. There are also new 65% ltv hmo products with a 995 fee and new five-year fixed Further Advance products for existing customers, with rates starting at 2.79% with a 1% fee.
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Hollingworth says the lender offers a broad range of products from low rates. specialist BTL space with criteria that regularly evolves to market needs”. Bulgin feels Precise offers some of the.
The lender also has a HMO lending product, which is a 65% ltv 2-year fix at 3.49% with a 1,995 fee. Paul Wootton, managing director of TMW, said: "Having previously offered limited company products and with the long-term expertise to support professional landlords, TMW is now looking to return to this market.