The Mortgage Works make BTL changes

Published on

The Mortgage Works (TMW) is withdrawing a number of buy-to-let products from its mortgage range on 5 February.

The products are as follows:

* LR0249 4.99% 2 Year Fixed, up to 60% LTV, 3.50% fee
* LR0250 5.49% 2 Year Fixed, up to 60% LTV, 2.50% fee
* LR0304 5.49% 3 Year Fixed, up to 60% LTV, 3.50% fee
* B07600 2 Year Stepped Tracker, 2.99% (BBR+2.49%) until 30/04/2012 then 4.24% (BBR+3.74%) until 30/04/2013, up to 65% LTV, 3.50% fee
* B07601 2 Year Stepped Tracker – 3.39% (BBR+2.89%) until 30/04/2012 then 4.49%(BBR+3.99%) until 30/04/2013, up to 70% LTV, 3.50% fee
* B01189 4.99% 1 Year Fixed, up to 80% LTV, 3.00% fee
* B01190 5.99% 1 Year Fixed, up to 80% LTV, 2.00% fee
* B02934 5.19% 18 Month Fixed, up to 80% LTV, 2.50% fee

To secure any of the current products, Any DIPs need to be completed via TMW Online by 1pm 4 February 2011. Any DIPs must be progressed to full mortgage application by 8pm 4 February 2011. Faxed DIPs will not be accepted. Please use TMW Online for all DIPs.

Paper applications, where applicable, must be postmarked up to 4 February 2011. There is no booking system in place for these products.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...

UTB cuts bridging loan minimum and lowers regulated rates

United Trust Bank has unveiled a package of bridging loan changes aimed at making...

More2life urges FCA to act on later life mortgage barriers

More2life has welcomed the Financial Conduct Authority’s recognition of later life lending as a...

Latest publication

Other news

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...