The Mortgage Works make BTL changes

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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.

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